Debt Desk — Debt Desk — November 11, 2026: Inflation Reprices the Curve and Multifamily Deals Clear
Good morning. It is Wednesday, November eleventh, and Veterans Day.
We begin with the national brief.
Inflation came in hotter than markets wanted, and the details show price pressure spreading beyond gasoline. The consumer price index rose four-tenths of one percent in October after a six-tenths increase in September. Core prices, excluding food and energy, rose three-tenths for a third straight month.
There is no official twelve-month October inflation rate because the government shutdown last year prevented the collection of October 2025 data. That makes the monthly composition especially…
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