Dollar, Treasuries Slump Following Light Core CPI Reading for August

September 14, 2012 8:38 AM EDT Send to a Friend
The U.S. dollar and Treasuries are seeing a little weakness following CPI data this morning. The number rose 0.6 percent in August, in-line with expectations.

Adjusted for more volatile food and energy costs, core CPI rose 0.1 percent, missing expectations by 0.1 point.

PowerShares DB US Dollar Index Bullish (NYSE: UUP) and iShares Barclays 20+ Yr Treas.Bond (NYSE: TLT) are lower, among other tracking ETFs.


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