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Liz Thomas highlights that regional Federal Reserve manufacturing surveys indicate a troubling inflation pattern.
She notes that firms are not only experiencing increased input costs and transferring those costs to their buyers, but also expect this trend to persist or intensify in the coming months.
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Liz Thomas recently reported that U.S. real 30-year Treasury yields rose above 3.07 percent, reaching the highest level since 2002 in her coverage here. She also observed the S&P 500 climbing to a new intraday record following a rebound from a key retracement level here. These developments form part of her continued monitoring of inflation and market shifts.