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BREAKING LIVEvia wolfstreet.comEconomy

10-Year Treasury yield spikes as inflation spreads across the economy, driven by core services CPI

FROM THE WIRE · WOLFSTREET.COM

Inflation refuses to back into the bottle, especially non-housing services inflation. Prices of food and core goods also jumped. It was ugly all around. The 10...

Read at the source ↗
MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishHotter core services CPI pushes US yields higher, weighing on equities and bonds.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Non-housing services inflation remains stubbornly high.
  2. 02Prices of food and core goods also jumped.
  3. 03The 10-year Treasury yield spiked.

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