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Market Impact: 0.4
S&P500: Hot CPI Puts Long-Term Yields Back in Control
Source: fxempire.com
InflationInterest Rates & YieldsEconomic DataMarket Technicals & Flows
Hot core CPI pushed Treasury yields higher, with the long end again taking control of the market. Higher yields weighed on chip stocks and left the S&P 500 searching for support.
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