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Core Inflation Hits 29-Year High; Dow Jones Up, Treasury Yields Dip On Hot CPI Report

·3 min read
Core Inflation Hits 29-Year High; Dow Jones Up, Treasury Yields Dip On Hot CPI Report
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Core inflation hit 3.8% in May, the most in 29 years, as used car prices fueled a hot CPI report. But Dow Jones futures rose, and Treasury yields eased.