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September 01, 2020 1:43pm
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Weekly Commentary: Battle Lines Are Drawn

The gains in headline and “core” CPI came in a tick below estimates at 0.2%. CPI was reported at 3.1% (estimate 3.0%), with “core” at 4.8% (vs. 5.0%). It was like Déjà vu all over again. Two-year Treasury yields sank as much as 16 bps to 4.71%.
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