CNBC reports the 10-year Treasury yield stayed above 5% after October's producer price index rose 0.3%, less than the 0.4% economists expected, though it rose 6.5% annually, which the article calls the biggest increase since November 2022. Traders price in 100% odds of a Fed rate hike on 9 December, and Chris Rupkey of FWDBONDS sees "no silver lining" in the inflation report.