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The median estimate (year-over-year, not seasonally adjusted) for the consumer price index (CPI) for the month of May 2024 is 3.4%. If 3.4% is the actual year-over-year increase in the CPI, it will match the number from the prior month. Last month (April 2024), the consumer price index increased by 3.4% (year-over-year, not seasonally adjusted), compared to ...
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Bonds rallied — erasing some of the losses caused by last week’s strong employment data — after an auction of 10-year notes drew unusually strong demand despite its proximity to potentially destabilizing events on Wednesday. The $39 billion 10-year note sale was awarded at 4.438%, compared with a yield of 4.458% in pre-auction trading at 1 p.m. New York ...
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