Equities (^DJI, ^IXIC, ^GSPC) and the bond market (^TYX, ^TNX, ^FVX) are fickle over the uncertainty surrounding this week's economic data ahead of the Federal Reserve's September policy meeting. Will the latest inflation and consumer readings put a new spin on market expectations?

"Here's the thing: If you get consensus on CPI [Consumer Prince Index] on Wednesday, core CPI, the consensus is 0.2 month over month. That's going to bring the three-month run rate down to 1.7. So that's totally in the green as it relates to what the Fed is looking for," J.P. Morgan Asset Management fixed income portfolio manager Kelsey Berro tells Yahoo Finance. "I think where the uncertainty is, where the market is less clear in terms of the future path, is how strong is the consumer really? How employed are they really? Is the rise in the unemployment rate a false signal this time, or is it the same as it is every other cycle?"

Berro sits down in-studio with Julie Hyman and Josh Schafer to talk about the expectations for this week's consumer data and how best to invest in the fixed income sector.

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This post was written by Luke Carberry Mogan.