Bond rally fizzles despite cool CPI inflation reading. What that says about investors. - MarketWatch
1. February CPI rose 0.2%, slower than expected at 0.3%. 2. Inflation rate dropped to 2.8%, lowest since early fall. 3. Yields on 10-year Treasury note TMUBMUSD10Y increased post-CPI. 4. Trade tensions raise concerns over future inflation and economic slowdown. 5. Market reaction indicates discounted concerns about benign inflation data.