🇺🇸 The hottest inflation prints since 2022 hit last week and Treasury yields FELL... which may mean the bond market is sniffing out a 1929-style bust The 10-year spiked to 5.33% on the CPI surprise, then dropped to 5.04% within 24 hours after a producer-pric
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🇺🇸 The hottest inflation prints since 2022 hit last week and Treasury yields FELL... which may mean the bond market is sniffing out a 1929-style bust The 10-year spiked to 5.33% on the CPI surprise, then dropped to 5.04% within 24 hours after a producer-pric X
Directly affected
- No company is named in this report.
Indirectly affected
- TLT iShares 20+ Year Treasury Bond
Long-term bonds move when yields change
- IEF iShares 7-10 Year Treasury Bond
Treasury bonds move when yields change
- SHY iShares 1-3 Year Treasury Bond
Short-term bonds move when the Fed changes rates
- SPY SPDR S&P 500
Stocks move when the Fed changes the rate path
- JPM JPMorgan Chase
Bank profits move with lending and interest rates
- BAC Bank of America
Bank profits move with lending and interest rates
- GS Goldman Sachs
Bank profits move with lending and interest rates
- XLF Financial Select Sector SPDR
A fund of financial companies
- KRE SPDR S&P Regional Banking
Regional banks are sensitive to interest rates
Price reaction, T-5 to T+3
🇺🇸 The hottest inflation prints since 2022 hit last week and Treasury yields FELL... which may mean the bond market is sniffing out a 1929-style bust The 10-year spiked to 5.33% on the CPI surprise, then dropped to 5.04% within 24 hours af…
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12 out of 100
“🇺🇸 The hottest inflation prints since 2022 hit last week and Treasury yields FELL... which may mean the bond market is sniffing out a 1929-style bust The 10-year spiked to 5.33% on the CPI surprise, then dropped to 5.04% within 24 hours after a producer-pric” scores 12 out of 100. The score uses 1 sources.