CPI Hotter Than Expected

CPI for January came in hotter than expected across all categories...elevating the prospect for a 50 bps rate hike in March... 10 year YIELD now at 1.99%... 2 Year YIELD up 7 bps...  ES has reversed from 4583 to 4543 so far, down 0.8%...

                                                                                                      Actual             Previous          Consensus


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