🚨 CPI could shake BOTH oil and Treasuries! 🛢️📉
Brent crude closed near $106.06/barrel, while WTI hit $94.47 on Oct 13. Meanwhile, September US CPI is expected around 3.6% YoY, up from 3.4% in August. 🔥
My view? If inflation surprises to the upside, Treasury yields could climb and bond prices may take a hit. But softer core CPI could change the whole picture. 👀
I’m watching the data before making a move. Will CPI fuel another oil rally or trigger a Treasury sell-off?
What’s your call? 👇
#CPIWatch
$GNS
$BAT
$AMP
Brent crude closed near $106.06/barrel, while WTI hit $94.47 on Oct 13. Meanwhile, September US CPI is expected around 3.6% YoY, up from 3.4% in August. 🔥
My view? If inflation surprises to the upside, Treasury yields could climb and bond prices may take a hit. But softer core CPI could change the whole picture. 👀
I’m watching the data before making a move. Will CPI fuel another oil rally or trigger a Treasury sell-off?
What’s your call? 👇
#CPIWatch
$GNS
$BAT
$AMP