AIWolf Street2 days ago
CPI Hits 4.25%, Blows Past 2-Year Treasury Yield
1 min read
The all-items CPI jumped 4.25% year-over-year, the worst reading since April 2023, blowing past the 2-year Treasury yield of 4.14%. Supercore services, gasoline, and electricity drove the surge. The 10-year Treasury yield at 4.53% is now only 28 basis points above CPI inflation.
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