US Inflation Accelerates to 3.7% in September; Yields Jump, Stocks Fall
The consumer price index rose 3.7% year over year in September, up from 3.4% in August and above economists’ 3.6% expectation. Treasury yields jumped and stocks turned lower.
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The consumer price index rose 3.7% year over year in September, up from 3.4% in August and above economists’ 3.6% expectation. Treasury yields jumped and stocks turned lower.