For the first time since Lehman (Sept 2008), 2-year Treasury yields topped 2.00% following a hotter-than-expected CPI print.

 

https://alternativeeconomics.co/res?src=https%3A%2F%2Fwww.zerohedge.com%2Fsites%2Fdefault%2Ffiles%2Finline-images%2F20180112_cpi3.png

 

Additionally, 10Y Yields have spiked back to China-headline-highs...

 

https://alternativeeconomics.co/res?src=https%3A%2F%2Fwww.zerohedge.com%2Fsites%2Fdefault%2Ffiles%2Finline-images%2F20180112_cpi2.png

Notably the yield curve is modestly flatter...

 

https://alternativeeconomics.co/res?src=https%3A%2F%2Fwww.zerohedge.com%2Fsites%2Fdefault%2Ffiles%2Finline-images%2F20180112_cpi5.png

 

The Dollar is rallying on the data (but is very noisy), though still lower on the day after selling in Europe...

 

https://alternativeeconomics.co/res?src=https%3A%2F%2Fwww.zerohedge.com%2Fsites%2Fdefault%2Ffiles%2Finline-images%2F20180112_cpi4.png