"Understanding the Bond Market's Reaction to February's CPI Data"
TL;DR Summary
The market's muted reaction to February's Consumer Price Index (CPI) report, which showed higher-than-expected inflation, can be attributed to the fact that it was "clearly braced" for the results, according to analysts. Despite the hotter-than-expected inflation reading, the Dow remained higher, indicating that the market had already priced in the possibility of increased inflation.
- Market was 'clearly braced' for February's CPI, helping to explain muted reaction in Treasurys MarketWatch
- Treasury yields rise slightly as February CPI comes in about as expected CNBC
- Trading US Inflation Is Muddying Bond Market's Auction Gameplan Bloomberg
- Super High Potential Energy Surrounding Tuesday's Data Mortgage News Daily
- Rates Spark: Bonds need better than 0.3% MoM for CPI ING Think
Reading Insights
Total Reads
0
Unique Readers
0
Time Saved
0 min
vs 1 min read
Condensed
-80%
30 → 54 words
Want the full story? Read the original article
Read on MarketWatch