Daily Three: Wage Growth Picks Up, Consumer Prices Rise and the Flattening of the 10-2 U.S. Treasury Curve
- The Atlanta Fed Wage Growth Tracker, a measure of the wage growth of individuals, reached the highest level since 2009. Bloomberg
- On the back on rising energy prices, U.S. consumer prices increased in April by the most in three years CNBC
- The yield difference between the 10-year U.S. Treasury and 2-year U.S. Treasury has reached the lowest level since 2007.