from Zero Hedge
With 10yr US yields around -10bps lower, and the S&P 500 around +2% higher than where they were just before last month’s higher-than-expected CPI, DB’s Jim Reid concludes that “it’s fair to say that markets have shrugged off this upside print alongside the high PPI and core PCE prints that followed.” The question now is whether this week we get to do it all over again, but before we preview the US CPI (tomorrow) and PPI (Thursday), the other main US highlights are the NY Fed 1-yr inflation expectations survey (today), retail sales (Thursday) and UoM consumer sentiment (Friday). There are also 3-, 10- and 30-yr UST auctions today through Wednesday.