Economic Indicators - PPI (Producer Price Index) experienced a monthly decrease for the first time since April [1] - Wholesale inventories increased by 110 from the mid-month reading, moving from 210 [1] - Trade sales increased by 14%, exceeding expectations of 210 up 1.4%, marking the best performance since February's 2% increase and the second-best number of the year [1][2] - There was a positive revision in trade sales from up 3/10 to up 7/10 [2] Fixed Income Market - The 4% level is a key point of focus, representing the low yield close of 2025 [3] - The market anticipates potential challenges in reaching this level due to debt and deficit issues [3] - The market is closely monitoring the 10-year and 30-year Treasury auctions scheduled at 1:00 PM Eastern [3] Inventory and Sales - Tariff-related issues have impacted inventories [2] - Sales are effectively reducing inventory levels, which is viewed positively [2]
Wholesale inventories +0.1% vs. +0.2 estimated
CNBC Television·2025-09-10 14:35