Reported about 6 hours ago
The latest Consumer Price Index (CPI) report revealed a monthly increase of 0.4% and an annual rise of 2.9%, leading to a decline in Treasury yields and the US dollar. Core CPI rose by 0.2% month-over-month, the lowest increase in five months, suggesting disinflationary trends despite surprises such as higher airline and used car prices. Experts express uncertainty regarding future fiscal policies and their potential effects on bond yields.
Source: YAHOO