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ECRI Inflation Gauge Gains to 104.0 in December
Friday, January 4, 2013
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U.S. inflationary pressures were slightly higher in December, as the U.S. future inflation gauge climbed to 104.0 from an upwardly revised 102.6 in November, originally reported as 102.5, according to data released Friday morning by the Economic Cycle Research Institute.

"With the USFIG staying in a rising trend over the past year, U.S. inflation pressures have increased somewhat," ECRI Chief Operations Officer Lakshman Achuthan said in a release.

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Before the financial crisis of 2008-09, it would have been significant news if yields on municipal bonds had exceeded those on Treasury securities at any maturity, and that occurrence likely would have attracted a variety of investors seeking to take advantage of the relative-value opportunity.

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