Stocks, Bonds, & Bitcoin Slammed After Surging CPI; Dollar, Rate-Hike Expectations Spike The dollar spiked after the much hotter than expected CPI print... Source: Bloomberg Stocks were slammed... ...and bond yields rose... Source: Bloomberg Bitcoin is also getting hit... Source: Bloomberg And finally, gold was hit on the print (as dollar spiked) but rapidly ripped back higher... As rate-hike expectations jumped back to price in 1 rate-hike by the end of 2022... Will The Fed ignore all of this? Tyler Durden Tue, 07/13/2021 - 08:54