Inflation Anxiety? Bonds & Bullion Soar After CPI This morning's CPI suggested that The Fed's "transitory" inflation is anything but and it appears fear is spreading across the markets of that realization. The rates market is pricing in hikes earlier and earlier (and Fed policy error)... Source: Bloomberg And the 'inflation hedge' markets are soaring with gold nearing $1800... Source: Bloomberg Breaking several key technical levels... Source: Bloomberg And Bitcoin also soaring... Source: Bloomberg And at the same time, the dollar is fading... Source: Bloomberg Remember, nothing lasts forever. Tyler Durden Wed, 10/13/2021 - 11:20