Bonds Drop, Dollar Pops After Hotter-Than-Expected Inflation

Tyler Durden
By Tyler Durden of Zero Hedge
Writer at ZeroHedge •

Stocks - for now - are ambivalent to the highest core CPI in 5 months; but the grown-up markets in bonds and FX are taking notice.

Stocks - for now - are ambivalent to the highest core CPI in 5 months; but the grown-up markets in bonds and FX are taking notice. The Dollar has surged (led by EUR weakness) and long-bond yields are up 5bps (back to unchanged on the week).

Stocks are unimpressed...

But bonds and the dollar are 'anxious'

It appears the machines were in waterfall mode today....

Charts: Bloomberg

 

 

STOCKS IN THIS ARTICLE

SPXUUP
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