U.S. Treasury Yields Drift Higher Ahead of PPI Data

Group 1 - U.S. Treasury yields have increased slightly in Asian trading as markets await the upcoming producer price index (PPI) and consumer price index (CPI) data for August [1][2] - The PPI data is expected to be particularly significant this time due to its release before the CPI and the surprising upside in the previous July release [2] - Analysts suggest that the PPI will provide insights into how tariff-related costs have been accumulating in the market [2]