Misleading words prince's penning daily — pity! (4-6)

I believe the answer is:

half-truths

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'misleading words' is the definition.
The definition and answer can be both related to communication as well as being plural nouns.
Perhaps they are linked in a way I don't understand?

'prince's penning daily pity' is the wordplay.
'prince's' becomes 'hal's' (Shakespearean nickname of Henry V when a prince).
'penning' is an insertion indicator.
'daily' becomes 'FT' (the Financial Times is a daily newspaper).
'pity' becomes 'ruth' (as opposed to ruthlessness).
'ft'+'ruth'='ftruth'
'hals' enclosing 'ftruth' is 'HALF-TRUTHS'.

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I've seen this clue in The Guardian.

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