Data Probably Have to Be Extremely Strong to push US Yields Sustainably Beyond Barriers

Markets This week’s long-drawn countdown to the US September CPI finally resulted in a few hours of extremely volatile trading annex a historic intra-day market reversal, in particular in US equities. Hoped for signals of inflation topping out again didn’t materialize. Headline inflation hardly eased (0.4% M/M and 8.2% Y/Y, from 8.3%). US core inflation […]

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