Fed 'Eerily Quiet' on Rising Yields, JPMorgan's Dryden Says

The video discusses the role of central banks and indirect bidders in auctions, highlighting the potential return of central banks to support markets. It examines market reactions to rising yields and inflation, noting that markets are beginning to price in the withdrawal of monetary policy stimulus. The discussion also covers real yields, inflation pressures, and the impact of wage pressure and economic indicators on inflation, particularly focusing on recent data from January.

What is the significance of the CPI number mentioned in the text?

What uncertainties remain regarding the inflation data from January?