#cpiwatch CPI just changed the Game— WHAT comes next?
September’s US CPI rose to 3.7% year over year, while gasoline prices surged 9.1% month over month. That’s a prompt that energy prices can quickly change the inflation story.
Here’s what I’m watching next if inflation stays hot, Treasury yields could face more upward pressure as markets reassess the Federal Reserve’s next move. But if oil prices cool, inflation expectations may ease too.
My question is elementary: are higher Treasury yields the bigger risk now, or could falling oil change the picture?
I’m watching the data before making any conclusions. What’s your view — bullish or bearish on Treasuries from here?
September’s US CPI rose to 3.7% year over year, while gasoline prices surged 9.1% month over month. That’s a prompt that energy prices can quickly change the inflation story.
Here’s what I’m watching next if inflation stays hot, Treasury yields could face more upward pressure as markets reassess the Federal Reserve’s next move. But if oil prices cool, inflation expectations may ease too.
My question is elementary: are higher Treasury yields the bigger risk now, or could falling oil change the picture?
I’m watching the data before making any conclusions. What’s your view — bullish or bearish on Treasuries from here?