So news a bit worse than expected. And the point Rick Santelli is making at the end about bonds - prices drop and the yield (interest rate) goes up.
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Consumer prices increased 5.4% for the year ending May, per a Department of Labor report; forecasters expected a 4.9% increase. Biggest increase since 2008.
Posted by: maria | Tuesday, July 13, 2021 at 01:27 PM