https://www.live-feeds.com/feed/no-yeah-buts-in-today-s-cpi-it-s-all-bad-for-bondsContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/no-yeah-buts-in-today-s-cpi-it-s-all-bad-for-bondshttps://www.live-feeds.com/feed/no-yeah-buts-in-today-s-cpi-it-s-all-bad-for-bonds#u199997Sat, 14 Nov 2026 05:41:16 +0000U.S. Treasury yields jumped at the fastest pace since President Trump's "liberation day" tariffs after November CPI data came in hotter than expected, eliminating hopes for a dovish Federal Reserve pivot. The selloff pushed mortgage rates higher and forced traders to price in additional rate hikes rather than cuts. Markets are now closed for a holiday, pausing the rout but leaving the trend firmly bearish for bonds.Why it mattersThe inflation report showed no "yeah buts", every component surprised to the upside, according to Mortgage News Daily. That shattered the narr