Reply To: Consumer Inflation in May Eases, Core CPI Stays Elevated as Real Earnings Fall


USD moved lower after CPI but has seen a bounced back higher erasing most of the declines. The JPY is the strongest and the CHF is the weakest. The USD is near unchanged (with 0.10% of the close) vs the EUR, GBP, CHF, CAD and AUD. It is lower vs the JPY and the NZD.

Dow industrial average -85.63 points or -0.25% at 33476.64
S&P index +9.83 points or 0.24% at 4129.15
NASDAQ index +98.21 points or 0.81% at 12278.51

2 year yield 3.953% -7.1 basis points. The yield is back below the 4% level today
5 year yield 3.410% -8.5 basis points
10 year yield 3.457% -6.4 basis points. It’s yield is back below 3.5%
30 year yield 3.806% -4.3 basis points

At lunch