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Long Bond Yield Surges to Highest Level in 22 Years, What’s Behind the Increase?

Summary by sgtreport.com
by Mish Shedlock, Mish Talk: The S&P Services PMI is the trigger. Prices leap and shortages noted. S&P Global US Flash PMI Please consider the S&P Global US Flash PMI® US business activity growth accelerated for a fourth successive month in September to reach the fastest rate for over five years. A further surge in service […]

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The index of purchasing managers (PMI, in English) of services of the United States rose from 56.5 in August to 58.7 in September, according to preliminary data released on Wednesday (23) by S&P Global. The result came above the consensus of the market, from drop to 55.7 points, and marked the highest level in almost five years. The reading above 50 points indicates expansion of economic activity. Already the industrial PMI advanced from 53.9 to…

·Rio de Janeiro, Brazil
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Globo broke the news in Rio de Janeiro, Brazil on Wednesday, September 23, 2026.
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