WS #15115
France's Consumer Price Index surged to 3.0% year-over-year in September, the highest reading since early 2024, fueled by rising energy and fresh food costs. Concurrently, the US 10-year Treasury yield remains sticky near 5.25%, suggesting that central banks face a difficult trade-off between curbing inflation and supporting growth, which continues to pressure high-multiple growth stocks.
Global Inflation and Rates
France's Consumer Price Index surged to 3.0% year-over-year in September, the highest reading since early 2024, fueled by rising energy and fresh food costs. Concurrently, the US 10-year Treasury yield remains sticky near 5.25%, suggesting that central banks face a difficult trade-off between curbing inflation and supporting growth, which continues to pressure high-multiple growth stocks.