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Title: E-piphany | A Blog About Markets, Mania, and Miscellany
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It’s time for another CPI report. The next couple of months after this one will be interesting, since the government shutdown really screwed up the October 2025 (which didn’t exist) and November 2025 (which used some odd assumptions about October) comps. But for now, we’re still calculating y/y over data that exists, so we have that going for us.
Last mon...
A lot recently has been made about this chart.
We all know that nominal yields have been shooting higher since the spring, when the Iran war began pushing energy prices up. What is surprising to some people is that while sho...