USA: Return to high borrowing costs brings rise to producer prices

Rise of returns of state bonder of USA The announcement of the report on producer prices, which show a greater than the expected acceleration of inflation.

Prices in government bonds declined after the announcement of the data, pushing investors to reduce their expectations to reduce interest rates by the US Federal Bank next month.

Performance of two -year bonds, which are more sensitive to monetary policy changes, has recovered from previous falls and increased by two base points to 3.69%. The dollar rose against a Basket

Producer price index increased by 3.3% per year in relation In the previous month, after a period of stability in June, according to a report by the Work Statistics Office published on Thursday.

Following the publication of the report, interest rates on interest rates showed a 90% chance that FED officials will decline during their meeting in September. One day earlier, the reduction had already been fully priced.

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