Last night, CPI was up 3.7% year over year, with gasoline prices a major driver. 👀
U.S. CPI rose 3.7% year over year in September, up from 3.4% in August. Gasoline prices climbed 9.1% month over month, accounting for more than half of the overall monthly increase in CPI.
Rising oil prices can push inflation higher, but that doesn’t mean high inflation necessarily makes crude prices rise. If concerns about interest rate hikes intensify, expectations for demand could also come under pressure.
I’ll keep watching how oil prices and Treasury yields react, rather than betting on a direction based on a single number.
#9月cpi来袭原油美债走势如何
U.S. CPI rose 3.7% year over year in September, up from 3.4% in August. Gasoline prices climbed 9.1% month over month, accounting for more than half of the overall monthly increase in CPI.
Rising oil prices can push inflation higher, but that doesn’t mean high inflation necessarily makes crude prices rise. If concerns about interest rate hikes intensify, expectations for demand could also come under pressure.
I’ll keep watching how oil prices and Treasury yields react, rather than betting on a direction based on a single number.
#9月cpi来袭原油美债走势如何