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A key piece of the next consumer-price report risks upsetting the bond market

July 10, 2025
08:01 PM
2 min read
AI Enhanced
moneyfinancialconsumer staplesindustrialsmarket cyclesseasonal analysiseconomic

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The next major U.S. inflation report is set to arrive on Tuesday in the form of the consumer-price index for June, and will inform investors as to whether President Donald Trump’s tariff wars with oth...

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2 min read

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investment

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Published

July 10, 2025

08:01 PM

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MarketWatch

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Key Topics
moneyfinancialconsumer staplesindustrialsmarket cyclesseasonal analysiseconomic

Advanced ➔ Results Market ExtraA key piece of the next consumer-price report risks upsetting the bond market‘The bond market, I would argue, is not really expecting a resurgence in inflation,’ says strategist Lawrence Gillum of LPL FinancialLast d: July 10, 2025 at 4:01 p

ETFirst Published: July 10, 2025 at 1:52 p

ETResizeListen(4 min)A woman is shown shopping for car seats, all made in China, at a Walmart in Rosemead, Calif. , in April

Next Tuesday’s consumer-price index for June may reflect some of the first signs of a tariff-driven reacceleration in inflation

Photo: Agence France-Presse/Getty ImagesThe next major U

Inflation report is set to arrive on Tuesday in the form of the consumer-price index for June, and will inform investors as to whether President Donald Trump’s tariff wars with other countries have had a sizable impact on price pressures

Wall Street expects any impact to be reflected in the monthly core CPI rate, which excludes food and energy

Strategists at TD Securities and economists with BofA Securities expect this rate to jump to 0. 3% on a rounded basis — up from 0. 1% for May, and in line with the median estimate of economists from other firms

That would be the highest level since the 0. 4% core CPI rate seen for January

The Author Vivien Lou ChenVivien Lou Chen is a Reporter for MarketWatch

You can her on Twitter @vivienlouchen

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