Higher than expected CPI report impacts bond market and commodity complex

From Investing.com: 2025-02-13 01:04:00

Yesterday’s CPI report came in hotter than expected, impacting the bond market and commodity complex. The CPI rose by 0.4%, beating estimates of 0.3%, while core CPI increased by 3.3% versus the estimated 3.1%. Inflation swaps traded higher, with the 2-year CPI Swap breaking out to around 2.85%. Treasury yields rose about 10 basis points, with resistance at 4.65%. The yen broke above its downtrend, potentially moving toward 156.50 if it surpasses 154.40. The S&P 500 finished down by 30 bps, stabilizing after the initial volatility spike from the CPI report.



Read more at Investing.com: Stock Markets Today: PPI Report to Provide More Clues on Inflation, Fed