BOND YIELDS DROP ON LACK OF INFLATION … June’s CPI report showed no change from the previous month, reflecting the absence of inflation. Its annual gain of 1.6% was the smallest since last October. Excluding food and energy, the core CPI saw a modest monthly bounce of 0.1% (for an annual rate of 1.7%). The main reason why the core CPI is slightly higher than the headline number is the exclusion of food and energy. While food prices were flat, energy saw a June drop of -1.6% (more on that later).
Published in TZ Latest News 15 July, 2017 by The TZ Newswire Staff
Bond Yields Drop, Falling Rates Boost Technology Stocks
Published in TZ Latest News 15 July, 2017 by The TZ Newswire Staff
Bond Yields Drop, Falling Rates Boost Technology Stocks
BOND YIELDS DROP ON LACK OF INFLATION … June’s CPI report showed no change from the previous month, reflecting the absence of inflation. Its annual gain of 1.6% was the smallest since last October. Excluding food and energy, the core CPI saw a modest monthly bounce of 0.1% (for an annual rate of 1.7%). The main reason why the core CPI is slightly higher than the headline number is the exclusion of food and energy. While food prices were flat, energy saw a June drop of -1.6% (more on that later).