June 10, 2026
United States:
US Inflation Accelerates to Three-Year High, Eroding Paychecks
US inflation accelerated in May to the fastest pace in more than three years as the Iran war pushed up energy prices, outstripping Americans’ pay gains.
The consumer price index climbed 0.5% from April and 4.2% from a year earlier, the most since early 2023, according to Bureau of Labor Statistics data out Wednesday.
Europe:
Governments Sell Bonds at Record Pace as Spending Soars
Governments are borrowing from syndicated bond markets at a record clip as public spending surges.
Sovereign issuers have sold $504 billion of the debt — which is offered to investors via banks — so far this year, according to data compiled by Bloomberg.
Asia:
Japan’s Producer Prices Jump Again on Elevated Energy Costs
Japan’s corporate goods prices jumped again in May, signaling strengthening inflationary pressures rippling across domestic supply chains as the war in Iran drags on and keeps energy prices elevated.
The measure of input prices for Japanese firms rose 0.9% from a month earlier, and April’s increase was revised higher, the Bank of Japan reported Wednesday.
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