US Dollar: Inflation data keeps Fed risks alive – Rabobank

RaboResearch Global Economics & Markets notes that US CPI and PPI data, alongside shifting Fed expectations, are driving US Dollar and US Treasury market dynamics. The report highlights hotter-than-expected core CPI, a temporary spike and retracement in US Treasury yields, and the potential for PPI to confirm CPI trends. Fed speakers, including Goolsbee, Barkin and Bowman, underscore ongoing concern over US inflation.