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US CPI runs hot, core inflation remains at 3.9%, reducing likelihood of May cut. US treasury yields and the dollar rip higher, 10-yr yield approaches 4.30%. UK unemployment falls from 4.2% to 3.8%; BoE likely not cutting until 2H
Remember how King Charles was trying to save some money with a "slimmed down monarchy"? And a big early display of that was going to be his scaled back