September CPI A Touch Hot, High Yield Bonds Suggest Caution (NYSEARCA:SPHY)

Woman looking at a receipt after shopping at the supermarket

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The September CPI report revealed a hotter-than-expected 0.4% rise in monthly consumer prices compared to the +0.3% consensus. The Core rate rose 0.3% last month, matching estimates. The year-on-year headline rate was unchanged at +3.7%, one-tenth to the warm side versus expectations while Core

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