Bond yields jump on U.S. CPI figures

14 February 2018

 

The U.S. consumer price index increased in December as fuel and clothing prices rose significantly. Consumer price index (CPI) figures released by the Bureau of Labor Statistics indicated consumer prices rose by 0.5% in January, instead of the 0.3% increase expected and higher than December’s comparable figure of 0.2%. On a 12-month basis, the consumer inflation rate remained unchanged at 2.1%. Financial markets had an unusual reaction. U.S. bond yields...

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