Further to the prior post on US inflation:

Headline CPI rose 0.4% in August, matching consensus, while core inflation exceeded expectations at 0.3%. Immediate market reactions include a rise in yields and an increase to above 80% in market expectations for a rate hike next week. #economy #inflation #markets #federalreserve — via @elerianm

Core inflation exceeded expectations at 0.3%, pushing rate-hike odds above 80% and yields higher.