Hot Inflation Lifts Fed Rate-Hike Bets
US Treasuries slumped after hotter-than-expected inflation prompted traders to add to wagers that Federal Reserve officials will raise interest rates later this month and next year. David Rosenberg, Founder of Rosenberg Research, and Jim Bianco, Founder of Bianco Research, react to September CPI. (Source: Bloomberg)
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.