Latest Updates: Related to Inflation

Bond Yields Rise on Hotter April CPI Report

05/11/2022

Both the overall consumer price index (CPI) and core CPI exceeded forecasts in April, indicating that the inflation battle has yet to turn. Headline CPI rose by +0.3%, slightly above the +0.2% median forecast, but it was the core increase of +0.6%, doubling the gain in March, that has upset the bond market this morning.

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