Consumer Prices Rise 3% YoY, Shelter Rises 3.6% YoY (US Treasury Yield Curve Remains Upward Sloping 3Y-30Y)

Good news! Consumer prices rose only 3% YoY. Lower than the growth in M2 Money of 4.66% YoY and Federal government spending of 7.8% YoY.

While consumer prices rose only 3% YoY, housing (shelter) rose 3.65 YoY.

The US Treasury yield curve remains upward sloping from 2Y-30Y.