Check Your Duration Risk as Inflation Reaches New Four-Decade High
July 13, 2022 at 13:34 PM EDT
Inflation in the U.S. reached 9.1% in June, the largest 12-month increase since the period ending November 1981, the U.S. Bureau of Labor Statistics reported today. The Consumer Price Index for All Urban Consumers (CPI-U) increased 1.3% in June on a seasonally adjusted basis after rising 1.0% in...