May 15, 2024 12:43 GMT
US 10yr Yield reverses the last CPI print
BONDS
- Bond and Equities spike post US CPI, Retail sales was also below estimates and was revised lower, while real avg earnings were also below prior reading.
- US 10yr Yield has reversed the last April CPI reading, where it is finding some support.
- Bund is testing the 50day EMA at 131.69, and a break here, opens to 131.87.
Chart sources: MNI/Bloomberg
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