Daily digest market movers: DXY gains ground on hot CPI figures
- In February, US inflation, measured by the Consumer Price Index (CPI), rose by 3.2% on a yearly basis vs the rise of 3.1% in January.
- The Annual Core CPI, which excludes volatile food and energy prices, also saw an increase, rising to 3.8% in February. However, this was below the January increase of 3.9%.
- US Treasury bond yields are climbing with the 2-year yield at 4.60%, the 5-year yield at 4.14%, and the 10-year yield at 4.15%.
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