The US PPI and initial jobless claims were stronger than expectations. Retail sales were weaker but markets are more focused on the higher inflation/stronger job growth. US rates are moving higher with the 2-year now up 5.7 basis points and the 10 year yield up 6.3 basis points. All that has US stocks modestly higher but off their pre-market high levels.A snapshot of the market currently shows:Dow industrial average up 55.25 points or 0.14% at 39098.58S&P index up 7.41 points or 0.14% at 5172.71NASDAQ index of 37.72 points or 0.23% at 16215.49The S&P all-time high closing level reached on Tuesday is at 5176.50. The NASDAQ high closing level is at 16274.94.Looking at the US debt market, yield
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