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via seekingalpha.comEconomy

CPI tops estimates and Treasury yields jump

FROM THE WIRE · SEEKINGALPHA.COM

[bad day at wall street] franckreporter U.S. equities stumbled lower on Tuesday as October’s inflation report showed price pressures easing less than investors had expected. Now, here are four news stories that broke in the morning to watch out for: CONSUMER PRICE INDEX RISES…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishInflation above consensus and rising yields weigh on equities and government bonds.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Consumer prices rose 0.4% in October, above the 0.3% consensus.
  2. 02Core CPI rose 0.3%, above the 0.2% consensus.
  3. 03Treasury yields jumped across the curve after the inflation print.

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