The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
Analysis of CPI inflation data shows mixed results for December 2024, impacting Fed rate decisions and stock market ...
Treasury yield broke the downtrend line from the October ’23 high-yield tick in the 10-year of 4.99%, and now we are working back up towards the 4.99% level from 14 months ago.
While CPI numbers ultimately lack a level of glamour, pre-market trading is taking them as a permission to push higher.