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The Bond Market Already Looked Through The Inflation Headlines

The Bond Market Already Looked Through The Inflation Headlines Authored by Lance Roberts via RealInvestmentAdvice.com, 💰 May Inflation of 4.2%: Media Narrative Misses Reality The May inflation print landed on Wednesday, and the doom crowd pounced. Headline CPI reaccelerated to 4.2% year over year, the hottest reading since April 2023, and the “inflation is back” choir was in full voice within the hour. I want to push back on that, because two weeks ago I made exactly this argument in “Why The Doom Crowd Is Watching The Wrong Indicator,” and this May inflation print is the clearest...
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