US CPI up 5.0% in May vs year ago; core inflation of 3.8% highest since 1992; but financial markets not worried & bet central banks will ignore spike as temporary; US 10 yr bond yield falls to 1.47%
Dawn chorus: US inflation hits 29-year high
Dawn chorus: US inflation hits 29-year high
Dawn chorus: US inflation hits 29-year high
US CPI up 5.0% in May vs year ago; core inflation of 3.8% highest since 1992; but financial markets not worried & bet central banks will ignore spike as temporary; US 10 yr bond yield falls to 1.47%