US Bond Market Week in Review: Inflation Has Hit Its Target But Shouldn't Rise Much Further

      As odd as it still sounds, for a large portion of this expansion, deflation was a concern.  Papers were written and  seminars were given on how to avoid this problem.  No more.  While price growth is weak, it is improving with all the primary inflation indicators pointing towards stronger prices.    CPI Total/CPI Core      This is the price measure reported monthly by the Bureau of Labor Statistics.  Both core and overall rates have been remarkably constant since early 2016:

Source: XE news feed
US Bond Market Week in Review: Inflation Has Hit Its Target But Shouldn’t Rise Much Further