Summary: US producer price index (PPI) up 0.6% in February, greater than expected; annual rate accelerates to 1.6%; “core” PPI up 0.3% over month, up 2.0% over year; Citi: disinflation in goods prices ending; US Treasury yields rise; 2024 rate-cut expectations soften; goods prices up 1.2%, services prices up 0.3%. Around the end of 2018, the annual inflation rate of the US producer price index (PPI) began a downtrend which...