Bond market reacts to inflation data as U.S. Treasury yields drop

Maria Bartiromo asks Adam Johnson for his reaction to the hotter-than-expected Producer Price Index (PPI). Johnson notes that despite the higher inflation figures, bond yields unexpectedly went down, attributing this to the market's averaging of recent CPI (Consumer Price Index) and PPI data, suggesting overall inflation remains in a stable range. He displays charts of the U.S. 30-year and 10-year Treasury yields, illustrating the drop.