Headline CPI rose 0.6% last month after climbing 0.4% in August. Annual CPI advanced 3.7% versus 3.4% in August. And, core CPI rose 2.6% versus 2.4% last month.
Futures are not amused.
The culprit, of course, is rising oil and gas prices.
And while the 10Y is hesitating…
…the DXY is surging.
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