Core Inflation Hits 29-Year High; Dow Jones Up, Treasury Yields Dip On Hot CPI Report

Core Inflation Hits 29-Year High; Dow Jones Up, Treasury Yields Dip On Hot CPI Report

Core inflation hit 3.8% in May, the most in 29 years, as used car prices fueled a hot CPI report. But Dow Jones futures rose, and Treasury yields eased.