*UK TWO-YEAR YIELD UP 24BPS, SET FOR BIGGEST JUMP SINCE SEPT.
Signal From Liquidity Is Becoming Loud And Clear https://www.zerohedge.com/markets/signal-liquidity-becoming-loud-and-clear
CRE Doom Loop Accelerates As Westfield Abandons Largest San Fran Mall, Stops Paying $558 Million Loan https://www.zerohedge.com/markets/cre-doom-loop-accelerates-westfield-abandons-largest-san-fran-mall-stops-paying-558-million
"Not Enough For A June Hike": Wall Street Reacts To Today's CPI Report https://www.zerohedge.com/markets/not-enough-june-hike-wall-street-reacts-todays-cpi-report
Polarizing Politicians https://www.zerohedge.com/markets/polarizing-politicians
Rate-Hike Odds Plunge After CPI; Stocks & Bonds Jump As Dollar Dumps https://www.zerohedge.com/markets/rate-hike-odds-plunge-after-cpi-stocks-bonds-jump-dollar-dumps
Egg prices down 13.8% M/M; biggest drop since January 1951
The destruction of earnings power continues: Real (inflation-adjusted) earnings down for a 26th consecutive month. The longest stretch in US history by far (twice as long as the Global Financial Crisis), and represents 93% of Biden's tenure https://twitter.com/zerohedge/status/1668602250254589955/photo/1
Shelter/rent peak well behind us https://twitter.com/zerohedge/status/1668601070753398785/photo/1
CPI Tumbles To 2-Year Lows, But Goods Prices Reaccelerate https://www.zerohedge.com/personal-finance/cpi-tumbles-2-year-lows-goods-prices-reaccelerate
Supercore inflation up 0.24% in May, up from 0.11% in April. https://twitter.com/zerohedge/status/1668600334745325568/photo/1
Biggest core increases: shelter and used cars: The shelter index increased 0.6% after rising 0.4% in April. The index for rent rose 0.5% in May. The index for used cars and trucks increased 4.4%
*GAMESTOP SHARES SPIKE OVER 4% PREMARKET ON COHEN FILING The grift is back
CPI MoM headline and core https://twitter.com/zerohedge/status/1668599251956297729/photo/1
CPI YoY: headline and core (via bbg ECAN) https://twitter.com/zerohedge/status/1668598299018838018/photo/1
June hike odds 5%, down from 25%
CPI 0.1% M/M, Exp. 0.1%, Last 0.4% CPI Core 0.4% M/M, Exp. 0.4%, Last 0.4% CPI 4.0% Y/Y, Exp. 4.1%, Last 4.9% CPI Core 5.3% Y/Y, Exp. 5.2%, Last 5.5%
Kansas Wheat Harvest Will Be The Smallest Since 1957 And US Corn Is Being Absolutely Devastated By Drought https://www.zerohedge.com/markets/kansas-wheat-harvest-will-be-smallest-1957-and-us-corn-being-absolutely-devastated-drought
CHINA CUTS OVERNIGHT RATE BY 10 BASIS POINT TO 2.75% CHINA CUTS INTEREST RATE ON STANDING LENDING FACILITY