Daily Note

Are Bonds Pricing In A Lower CPI Inflation Number?

Jun 9, 2021

Thomas Thornton

I’ve been hearing the reason (chatter) for bonds rallying and rates dropping is that “tomorrow’s CPI is going to come in lower to expectations.” I don’t know if that true however last month’s report was higher than expected and some of the components in the report were transitory for example used car prices were up […]
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