Hot CPI and PPI data should have pushed Treasury yields higher. Instead, bond buyers stepped in to suggest yields have risen high enough to become attractive for investors.
Source: [MarketWatch](https://www.marketwatch.com/story/the-bond-market-shrugged-off-two-inflation-shocks-why-stock-investors-should-pay-attention-5da4f771?mod=mw_rss_topstories)