We read through a tech platform called Google (NASDAQ:GOOG, NASDAQ:GOOGL). However, since then, core CPI growth has slowed to a crawl, rising by just 0.1% to 0.3% every month, as supply chains have gradually been restored and price pressures have eased. So, in essence, inflation trends are back to “normal.” That’s why the bond market rallied – and yields dropped – in response to yesterday’s ostensibly red-hot CPI print.