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Traders Lose Trust in CPI Data Security in Wake of Volume Shock

  • Trading soared in the 60 seconds before last month’s release
  • Key inflation data are closely watched, trigger market swings
Bloomberg business news
Pimco: There's a Strong Case for Investing in Bonds

Traders from New York to Chicago to London will be glued to their screens Thursday morning waiting for the latest consumer price index reading from the Labor Department, which is due at 8:30 a.m. in Washington. 

In fact, many will be watching trading closely before the numbers even hit — because of what happened last month.