Traders and investors may have bitten on a ‘head fake’ from a single soft U.S. inflation number - MarketWatch

The initial rally in stocks and bonds that followed Tuesday's consumer-price index report was based on one reading that's distracting investors, B. of A. says.

Two government reports in the past two days are pointing to the highest annual U.S. inflation rates in four decades, yet many traders and investors are looking past the hot readings and focusing inst… [+3841 chars]

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