Market Analysis

May 13th, 2011 8:33 AM
Even though the April Consumer Price Index (CPI) came in showing inflation rising at is fasted pace since October 2008, bonds are improving this morning as a result of the Core Rate (excluding food and energy) coming in up .2% which was only slightly higher than the .1% expected increase.  Overall the CPI was up .4% for the month and 3.2% on a year-over-year basis.  The Core Rate was up 1.3% on a year-over-year basis. 
Posted by Matthew Breston on May 13th, 2011 8:33 AMPost a Comment (0)
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