Germany July PPI MoM +1.1% vs +0.7% expected; June -0.3%.

Bond sell-off has eased and U.S. long-term yields fell, though markets still face the risk of higher borrowing costs. A confrontation in the Strait of Hormuz has kept oil near $90, adding to inf concerns. Rising government debt and heavier issuance to finance data centers have heightened fixed-income volatility. Tonight’s 20-year Treasury auction will test demand for long-term paper. The 30-year yield slipped to 5.19% from Tuesday’s 5.284% settlement; the 10-year fell to 4.62% from 4.706%.

加拿大7月新屋價格指數月率 -0.1%，前值-0.1%。