🔴 GrafTech International is trading 5% down today as hotter-than-expected inflation lifted Treasury yields

GrafTech International is trading at $7.78, down 5.24%, as hotter-than-expected September inflation data fueled a broad selloff and rate-hike concerns.

• Reuters reported headline CPI at 3.7% year over year versus 3.6% expected; core CPI was 2.6% versus 2.5% expected.
• The inflation data lifted Treasury yields.
• GrafTech’s investor-relations release list shows no company announcement dated October 14; no specific company catalyst was identified.