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New Consumer Price Index (CPI) numbers have hit the tape for June this morning, and anyone still fretting over a falling 10-year treasury yield illustrating deflationary pressure on the economy can take a deep breath: +0.9% on the month is way ahead of the +0.5% expected and the unrevised +0.6% for May. I guess now those market participants worrying about inflationary pressures are getting their turn at bat.
...read full article on Zacks Investment Research
