August 2023 CPI data are scheduled to be released on September 13, at 8:30 AM ET and producer price index (PPI) data will be released on Thursday, September 14 at 8:30 AM ET.
If these numbers come in hot, what's to stop the Fed from raising rates at their very next opportunity? Bonds and notes keeping adding yield.
There's a slight correction in the metals market, but there's not much going on there.