Inflation Heats Up!

Inflation was reported higher today, which is great news for the economy, as it means it is strengthening, after the deflationary environment we saw in the last years. This is however not good news for low rates, as we are seeing the bond market sell off a bit this morning.

http://www.reuters.com/article/2013/06/18/us-usa-economy-prices-idUSBRE95H0HZ20130618