Morning Note | January 12, 2023 | CPI Day | Corporate Bond Update

Good Morning!

Here we go as inflation is in the lime light.  Yields down, stocks up as the inflation number is released.  All the key four figures on the CPI report were as expected.  Headline inflation came in at +6.5% with Core at +5.7%.  The monthly December number was -0.1%, as expected.  This is the 6th consecutive month that headline inflation fell…