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%...
![](https://www.mptrader.com/images/charts/202202/full-e42ed1dfd3b954fe00130cc86898d5c928c7a790.png)
Actual Previous Consensus
![](https://www.mptrader.com/images/charts/202202/full-eb1ce9fc83ff22daf6da8d292425e96044bf90fc.png)