Credit Market Daily: Key Moves & New Issues | May 16, 2025

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BondWatch Editorial

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Market Overview Market focus on May 15 was dominated by a busy economic calendar, especially reports on inflation and consumer spending. The April Producer Price Index (PPI) came in significantly below expectations, with headline PPI decreasing by -0.5% MoM (vs. +0.2% expected) and rising by +2.4% YoY (vs. 2.5% expected). As with earlier consumer price…...

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