Latest Updates: Market Impact of the War in Ukraine

Bond Yields Rise on Hotter April CPI Report


Both the overall consumer price index (CPI) and core CPI exceeded forecasts in April, indicating that the inflation battle has yet to turn. Headline CPI rose by +0.3%, slightly above the +0.2% median forecast, but it was the core increase of +0.6%, doubling the gain in March, that has upset the bond market this morning.

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