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SPY Bond yields continued higher this morning as the June personal consumption expenditures (PCE) price index matched forecasts. Core PCE, t

SPY Bond yields continued higher this morning as the June personal consumption expenditures (PCE) price index matched forecasts. Core PCE, the Fed's favorite inflation gauge, increased 3.3% annually. Still way above 2% Central bank inflation target. I think the bond market genuinely fears inflation. Warsh said yesterday the economy was good. This morning, gross domestic product (GDP) growth slowed to a weaker-than-expected 1.5% in Q2. - per Cramer Investing Club Newsletter

SPY

SPY Bond yields continued higher this morning as the June personal consumption expenditures (PCE) price index matched forecasts.

Core PCE, the Fed's favorite inflation gauge, increased 3.3% annually.

Still way above 2% Central bank inflation target.

I think the bond market genuinely fears inflation.

Warsh said yesterday the economy was good.

This morning, gross domestic product (GDP) growth slowed to a weaker-than-expected 1.5% in Q2. - per Cramer Investing Club Newsletter