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Goldman Sachs for their US CPI S&P 500 reaction
Under 7% S&P Up 3%
7 to 7.3% would see 2 to 3% added
7.4 to 7.7 sees $SPX drop 1 to 2%
Above 7.7% sees losses of more than 3%US Treasuries rallied Wednesday with most tenors picking up after the completion of today’s $32 bln 10-yr note reopening, which met excellent demand.
[See the full post at: Solid International Demand in 10-year U.S. Treasury Bond Auction Ahead of CPI]
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