CPI Update - Step in the Right Direction

[Tyler Solomon]

Some good news out this morning with a soft CPI print, much under where consensus was. Capital markets should react strongly to this in todays session, expecting a decent move in the 10 year. Still have FED’s Jerome Powell Speaking later this week, his words / forward looking statements will be very important for how capital and secondary capital markets digest interest rates moving forward. All in all, a step in the right direction to getting inflation under control!