Afternoon Weakness in Bonds Despite Lower Oil Prices. Will CPI Matter?

Afternoon Weakness in Bonds Despite Lower Oil Prices. Will CPI Matter? Days like today are a problem for a „set it and forget it“ mentality when it comes to energy prices and the bond market. On many occasions since the beginning of last week, the correlation between oil prices and bond yields has been plain to see. Additionally, oil price volatility has been the only way to explain much of the movement in bonds. Now…