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Stocks and gold reverse losses after CPI as 10-year yield hits 4.99%

Verifying
  • Stocks and gold erased CPI-driven losses and turned positive 20 minutes after 8:30 a.m. ET.
  • 4.99% marked the 10Y Note Yield's session high before its reversal.
  • The 10Y Note Yield was lower on the day after reversing.
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