Bond Market Reaction to CPI Number and Debating Treasury Supply and Demand

This chapter discusses the bond market's reaction to the September CPI number, the market's sensitivity to price data, and whether it can digest the large deficits and treasury supply in the US. It also addresses the impact of treasury supply and demand on the strong economic outcomes in the post-COVID period, and mentions the main focus of the markets in the near term, which is the geopolitical tensions in the Middle East.