- Core M/M PCE
- 0.1 vs 0.1 f'cast
- last month revised to 0.3 from 0.2
- Core Y/Y PCE
- 2.6 vs 2.6 f'cast
Right on target, but the confirmation of inflation progress is worth a bit of a relief rally for bonds. 10s were slightly higher overnight, and now they're slightly lower, down 1.5bps at 4.272. MBS are up a quick eighth of a point after opening slightly weaker.