HOT:
CPI (YOY) rises 5.0% vs. 4.7% expected.
Core CPI (YOY) up 3.8% vs. 3.5% expected.
S&P futures slipping a little on the news
bloomberg.com/news/articles/…
On a sequential basis, core CPI rose 0.7% from last month.
Five year yields ticking higher
What drove the change
Distribution of YOY changes across CPI components
Cars and other transport a huge driver of all this
Stocks turn higher thanks for playing
Full story from @readep on the CPI number bloomberg.com/news/articles/…
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