Soft U.S. CPI triggers market rally as yields drop

Bob Iaccino of Path Trading Partners breaks down the latest U.S. CPI data, which came in weaker than expected and drove a broad rally in risk assets while pushing Treasury yields lower. He also previews upcoming central bank speeches, including Fed Chair Kevin Warsh's testimony before the House Financial Services Committee, and highlights key earnings reports on the horizon from major financial institutions like Morgan Stanley and BlackRock.