Analyst: Even if the U.S. CPI is only slightly higher than expected, it will trigger a market sell-off

Odaily Planet Daily reports that Russell Investment Company analyst BeiChen Lin said in a report that even if the U.S. inflation report released on Wednesday is only slightly higher than expected, it could trigger a sell-off in the bond and stock markets. The investment strategist said that last Friday's unusually strong U.S. employment report seems to have awakened people's concerns about inflation. He stated: "Although we believe that the yield of U.S. Treasury bonds is attractive at current levels, we still think investors should stick close to their long-term allocation ratios unless yields rise significantly." Economists surveyed by The Wall Street Journal expect the U.S.'s December CPI year-on-year increase to be 2.9%, higher than November's 2.7%. The survey shows that the annual core inflation rate is expected to remain unchanged at 3.3%.