Inflation Reports this Week: The markets are now trying to anticipate the peaking of inflation, meaning the rate of change starting to drop. The CPI report will be Tuesday morning and the PPI will be on Wednesday. The March month-to-month CPI report will likely be above 1% which annualizes at 12%. On the year over year basis, it is expected to be 8.5%, the highest report since December 1981. In the meantime, the long-end of the Treasury Yield Curve has moved higher, the 10-Year is now 2.78%, less than a year ago the yield was as low as 1.13%.