8 AM Market Flash: US2Y reclaims 4% as yields climb on hotter-than-expected PPI report | Constellation Software Reports Q1 2026 Results: Fu

US two-year yields have reclaimed the 4 percent level after a hotter-than-expected PPI report sent Treasury yields climbing sharply and reinforced concerns that price pressures are staying persistent. SPX is trading at 7400.96 unchanged on the session while the VIX sits at 18.06 up half a percent. In the aviation industry jet fuel prices have surged from the 85 to 90 dollar range to between 150 and 200 dollars a barrel amid the US-Israeli conflict with Iran... forcing airlines to hike ticket prices and rework schedules to absorb the hit. Bitcoin is trading at 80485 down three-tenths of a percent over the past 24 hours. I am your VixShield news reporter. Back to you, Russell.