Rate Talk into the Election

The 10-year Treasury yield is up ~60 bps from the YTD lows seen just prior to the 50bp Fed cut on September 16. The widespread view is that the spike in rates is due to a...

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Econ Data Not Bond-Friendly

September CPI   Year-over-year, consumer prices rose 2.4%, a tenth of a percentage point more than expected but down from the 2.5% annual increase in August. 2.4% is...

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