🚨OFFICIAL CPI FIGURES! The Real Impact on Oil and Bonds 🚨
The wait is over! The official September U.S. CPI data has just been released by the BLS, and the headline figure jumped to 3.7% year over year, recording a sharp monthly increase of 0.6%. Core CPI came in firmly at 2.6%.
Immediate reaction from the campaign’s assets:
Brent crude ($BZ ): It is responding strongly, continuing to rise after confirmation that the energy sector surged by a whopping 5.2% for the month.
Fixed Income (TMF) (TBT): The Treasury bond market is seeing extreme volatility. Yields are spiking amid fears that the Fed will take a tough stance on interest rates.
My quick analysis: This result shows that inflationary pressure remains persistent due to energy costs. The narrative of lower rates for longer is starting to wobble.
Did this figure catch you by surprise, or did you manage to protect your margins? I’m reading your comments! 👇
#CPIWatch
$BZ
$TMF
$TBT
The wait is over! The official September U.S. CPI data has just been released by the BLS, and the headline figure jumped to 3.7% year over year, recording a sharp monthly increase of 0.6%. Core CPI came in firmly at 2.6%.
Immediate reaction from the campaign’s assets:
Brent crude ($BZ ): It is responding strongly, continuing to rise after confirmation that the energy sector surged by a whopping 5.2% for the month.
Fixed Income (TMF) (TBT): The Treasury bond market is seeing extreme volatility. Yields are spiking amid fears that the Fed will take a tough stance on interest rates.
My quick analysis: This result shows that inflationary pressure remains persistent due to energy costs. The narrative of lower rates for longer is starting to wobble.
Did this figure catch you by surprise, or did you manage to protect your margins? I’m reading your comments! 👇
#CPIWatch
$BZ
$TMF
$TBT