Will a 10-year high in commodities be more than transitory for CPI? - At the Open

  • Commodities mostly continue to climb this morning, with the the notable exception of oil.
  • WTI futures (CL1:COM) (NYSEARCA:USO) are off 0.5%, but still above $65/barrel. Spot gold (XAUUSD:CUR) is up 0.3% and silver (XAGUSD:CUR) is up 1.1%.
  • Copper futures (HG1:COM) are adding 0.9% and

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