Friday’s inflation report is shaping up to be among the most consequential in years

US producer prices rose, increasing rate hike expectations for the Federal Reserve. Traders now price a seventy percent chance of a quarter-point increase next week. Consumer…

US Treasury yields hit multiyear highs as a sharp rise in oil prices revived inflation concerns and boosted bets on a Federal Reserve rate hike. The 10-year yield approached 5%,…