US CPI rises 0.6% in April, bond yields climb amid inflation concerns
Inflation just reminded everyone it’s not done yet. The Bureau of Labor Statistics reported that the Consumer Price Index rose 0.6% in April, coming in hotter than economists expected and pushing year-over-year inflation to 3.8%, the highest reading since May 2023. The numbers behind the spike That annual rate climbed from 3.3% in March to…
