Tech Tops, Dow Drops, Bonds Flop As Hawkish Inflation Signals Send Rate-Hike Odds Soaring

US economic data surprised to the upside this week – but most notably in terms of inflation signals that showed now signs of trending lower… Source: Bloomberg And while core inflation NOWCAST did drop a smidge, it remains a mile away from The Fed’s mandated levels – and the drop has stalled… Source: Bloomberg That […] Source