S&P Global US Manufacturing PMI™: Strong Improvement Driven by Stockpiling

Published on May 1, 2026

U.S. manufacturing hit a nearly four-year high in April, as the S&P Global PMI climbed 2.2 points to 54.5. This expansion was largely driven by defensive stockpiling as companies braced for supply disruptions and price hikes linked to conflict in the Middle East.

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10-Year Treasury Yield Long-Term Perspective: April 2026

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The 10-year Treasury yield has experienced dramatic fluctuations, ranging from a peak of 15.68% in October 1981, during the height of the Volcker era, to a historic low of 0.55% in August 2020, amidst the economic uncertainty of the pandemic. At the end of April 2026, the weekly average stood at 4.30%.

Good Financial Reads: The Business Owner’s Financial Operating System

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