The yield on the U.S. 2-month Treasury note rose as high as 5.116%, the highest level since 2018.

General Motors sold 864,000 vehicles in the first quarter.

S&P: Adani Ports reduces refinancing risk through bond buybacks.

KOTECKI, member of the Central Bank of Poland: The Polish economy will slowly recover from the third quarter, and there is no room for interest rate cuts this year.

Russian Deputy Energy Minister Sorokin: I hope that freight rates will return to normal within a year or so.

Broadbent, deputy governor of the Bank of England: There are signs that wage pressures are starting to ease, but the pressure has not been fully relieved.

Bank of England Deputy Governor Broadbent: We do not rule out specific monetary policy adjustments in advance.

Broadbant, deputy governor of the Bank of England: There have been signs of declining price pressures in recent months, although the latest inflation data has turned higher.

COMEX silver futures fell by 1.00% in the day and is now at $25.06 per ounce.

Bank of England Deputy Governor Broadbent: Using the word "spiral" to describe inflation is too strong.

Bank of England Deputy Governor Broadbent: The UK is experiencing the second round of inflation.

The financial website Forexlive commented on the difference in CBI industrial orders in April: British factory orders contracted again, and the monthly data was the same as in March, hitting a low of more than two years. The good news is that quarterly business optimism improved to -2 from -5 previously, and while still in negative territory, it is the highest since at least October 2021.

The average unit cost for UK CBI manufacturing over the past three months was +50, down from +64 in January and the lowest since April 2021.

According to a Reuters/Ipsos poll: Polls show that a majority of registered U.S. voters do not want either Biden or Trump to run for president in 2024.

According to a Reuters/Ipsos survey: 44% of registered Democratic voters said they do not want President Biden to seek re-election in 2024.

The expected difference in CBI industrial output in the UK in April was 8, compared with the previous value of 12.

The difference in CBI industrial export orders in the UK in April was -9, the previous value was -23.

Bank of England Deputy Governor Broadbent: If we had started raising interest rates six months earlier, we could have reduced peak inflation by up to half a percentage point.

Bank of England Deputy Governor Broadbent: If we had foreseen the inflation shock, the Bank of England would have tightened policy earlier.