#USPPITrends

The U.S. Producer Price Index (PPI) for December came in at 3.3% year-over-year, below the anticipated 3.5%, signaling a potential easing in inflation. This has led to mixed reactions in the financial markets, with the S&P 500 showing volatility, initially falling below $440 but recovering slightly. Despite the lower PPI, treasury yields unexpectedly rose, with the 10-year yield hitting a 52-week high of 4.8%, adding complexity to market predictions as investors now look towards the upcoming CPI data for further clarity on inflation trends.