100 Days In: Trump’s ‘Strategic Uncertainty’ on Tariffs Leaves Markets Guessing

Treasury yields rose Wednesday after milder-than-expected inflation data eased concerns about economic stagnation. The 10-year yield increased by 4 basis points to 4.328%, while the 2-year yield rose over 5 basis points to 3.999%. February’s Consumer Price Index showed a 0.2% monthly increase (2.8% annual rate), below economists’ forecasts of 0.3% monthly and 2.9% annually. Core CPI also came in lower at 0.2% monthly and a 3.1% annual rate. This cooler inflation reduced immediate stagflation worries amid concerns about tariff impacts. Goldman Sachs analyst Kay Haigh suggests the Fed will likely keep rates at 4.25%-4.50% this month, but may soon

Despite February’s Consumer Price Index showing a slight cooling to 2.8% year-over-year and 0.2% month-over-month, Americans continue to experience significant inflation in everyday essentials. Food prices remain particularly challenging, with eggs seeing a dramatic 59% annual increase, now costing $5.90 per dozen compared to $2.99 a year ago. Other breakfast staples like coffee and bacon have also risen, while meat prices continue upward with ground beef increasing 2.7% to $5.96 per pound. Restaurant dining is 3.7% more expensive than last year. The healthcare sector shows no relief, with medical services up 3% annually and specific categories like home healthcare surging