Rising Inflation Concerns Drive Market Sell-Off, Higher Rates
Global financial markets reacted to renewed inflation concerns, with stocks falling and oil and interest rates rising. US Treasuries also held losses as increasing gas costs contributed to inflationary pressures.
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US Treasuries Hold Losses as Rising Gas Costs Fuel Inflation - Bloomberg.com
US Treasuries Hold Losses as Rising Gas Costs Fuel Inflation Bloomberg.com
Read full article →Stocks Fall, Oil And Rates Rise As Inflation "Roars Back"
Stocks Fall, Oil And Rates Rise As Inflation "Roars Back" US equity futures and bonds were lower as oil climbed, with a key inflation report showing the impacts of higher energy and supply disruptions stemming from the war in Iran. Stocks are poised to fall from all-time highs after the core CPI rose more than expected in April. As of 9:15am S&P futures ewere down 0.2% and Nasdaq futures dropped 0.7% as a slide in chipmakers and big tech names dragged down the market in early U...
By Tyler Durden
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