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Essentials Daily Insights

US Core Inflation Perks Up, Stay Overweight TIPS For Now

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The US core consumer price index (CPI excluding food and fuel) came in at a surprising 0.6% month-on-month. The three-month annualized rate of change showed up at a perky 3.22%. The year-on-year reading was 1.57%. The upside surprise in inflation sent US bond…

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