Summary: US CPI increases by 0.6% in January, above expectations; “core” rate up 0.6%; CPI “hot”, “broad-based”; Treasury yields jump, rate rise expectations harden; US consumers paying price for “rampant” inflation; rents, non-energy commodities, main drivers of headline rise. The annual rate of US inflation as measured by changes in the consumer price index (CPI) halved from nearly 3% in the period from July 2018 to February 2019. It then...