A personal blog about money, markets and crypto
The October 2026 CPI report results show U.S. consumer prices rose 0.4% in one month, per BLS. That headline is rounded. On the seasonally adjusted index the rise was 0.35%, core prices climbed 0.30%, and the 10-year Treasury yield jumped back to 4.98% the same day. Your bank deposits aren’t at risk, but cash now earns almost nothing after inflation, and the next Fed move depends on whether core inflation keeps runni…
The answer to “did mortgage rates drop today” is almost certainly no: the 10-year yield hit 4.98%. Lenders price 30-year fixed loans against that Treasury yield, and it rose 2.45% in a single session on Nov. 10 (Yahoo Finance) after the October CPI report showed prices rising faster than expected. A fixed-rate mortgage you already have doesn’t change at all. If you’re shopping or waiting to refinance, the next inflat…
September’s annual inflation rate hit 3.74% (BLS CPI-U), and that number sets the bar for any October CPI report what to expect checklist. The report lands today, Tuesday, November 10, at 8:30 a.m. ET (10:30 p.m. KST). The Fed’s effective rate is 3.88% (New York Fed), so cash is barely staying ahead of prices.
How to read economic indicators starts with one number: US inflation ran 3.74% in September 2026. That Bureau of Labor Statistics figure sits just under the Federal Reserve’s effective rate of 3.88% (New York Fed, Nov. 6), so cash is barely outrunning prices. That’s also why every new data point can swing markets, as the S&P 500’s 2.35% jump on Nov. 9 showed (Yahoo Finance).
On any gold price tracker today, gold reads $4,119.40 an ounce, down 6.79% in three months. That’s the COMEX futures price from Yahoo Finance as of November 10, 2026, and most of the slide comes from a 4.86% 10-year Treasury yield and a firmer dollar, two things that make holding a metal that pays nothing look expensive. Next comes today’s October CPI report. The gold in your account isn’t disappearing, but for three…