- Interest rates have already had a big move lower this week, so are showing little reaction to this morning's numbers showing inflation continuing to come in below central planner expectations.
- Both headline and core CPI rose 0.1% in July, half of what was anticipated for each. The year-over-year inflation rate was 1.7% vs. 1.8% expected.
- The 10-year Treasury yield knee-jerked down to a fresh low for the week of 2.18%, but has since returned to unchanged on the session at 2.20%.
- Previously: Consumer Price Index (Aug. 11)
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