The Kobeissi Letter(@KobeissiLetter):What a reaction to the US CPI data just now. Stocks and gold were crushed at 8:30 AM ET only to entirely erase their decline and turn positive 20 minutes later. The 10Y Note Yield surged to a high of 4.99% before reversing and is now RED on the day. This is a nervous market.

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The Kobeissi Letter@KobeissiLetter

2026.09.11 12:52

What a reaction to the US CPI data just now. Stocks and gold were crushed at 8:30 AM ET only to entirely erase their decline and turn positive 20 minutes later. The 10Y Note Yield surged to a high of 4.99% before reversing and is now RED on the day. This is a nervous market.

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