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Strategies & Market Trends : Market Trends & Market Chatter (Investment Ideas)
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From: Ms. Baby Boomer6/11/2022 11:00:20 AM
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Latest Markets News

Wall Street Week Ahead: Dashed
peak inflation hopes spell more pain
for stocks and bonds...

NEW YORK, June 10 (Reuters) - Blistering inflation is threatening to reignite twin declines in U.S. stocks and bonds, leaving investors with few places to hide from a Federal Reserve that appears headed for its most aggressive policy tightening in decades.

Friday gave a hint of what investors may see in coming weeks. The benchmark S&P 500 index (.SPX) fell nearly 3% while yields on the benchmark 10-year Treasury hit their highest level since early May after stronger-than-expected inflation data ramped up forecasts for more aggressive Fed rate hikes later this year. Bond yields move inversely to prices. read more....

reuters.com

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