The U.S. Dollar has turned positive with treasury Futures selling off as rates are spiking. The CPI or Consumer Price Index came in at negative with the core number coming in line with expectations. Is the year-over-year data a concern? What about the Jobless Claims number? "The upside stock and futures market momentum going into this CPI data yesterday was a head scratcher. The expectations were that the numbers would be significantly lower than estimates," says Dan Deming.
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