U.S. 2 year Treasury yields dropped to 0.69%, following U.S. inflation data for November meeting close to expectations at +0.8% versus 0.7% expected. (ex food & energy +0.5%, meeting consensus Similarly, amount of 2022 Fed hiking priced in by swaps slipped after inflation data. This key inflation data comes as a relief after a lot of stress in risky assets particularly sensitive to inflation and to a faster tightening by the US Federal Reserve. Nasdaq-100 is soaring +0.9% pre-market.