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Bond Prices Fall Following CPI Report – Market Update

Market Update1 Bond Prices Fall Following CPI Report   Market Update

Bond prices are falling amid the CPI Report which showed that the cost of living in the US fell .2 percent. The University of Michigan’s confidence report is expected to be released later today and is forecasted to show a small increase of.7 to 72.2.  In European news, it is expected that approximately a dozen banks will fail as the European regulators will be releasing stress test for 91 banks today at noon EST.

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About Jonathan Slappey

Jonathan has a passion for journalism, sports, and cashmere sweaters. He lists playing basketball as a higher priority than eating food, and rumor has it he even sleeps with his basketball. When he’s not reading up on world news, and writing about politics or personal finance, Jonathan can be found cheering on the Lions at Ford Field or attempting to convince Cleveland Cavaliers owner Dan Gilbert to add him to the active roster.

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