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Markets Jolted as Fed s Last Mile Looks Elusive: Markets Wrap

(Bloomberg) — Wall Street got a reality check on Tuesday, with hotter-than-estimated inflation data triggering a slide in both stocks and bonds.  Equities pushed away from their all-time highs as the consumer price index topped estimates across the board. Treasuries sold off, with two-year yields hitting the highest since before the Fed’s December “pivot.” Swap…

Wall Street Caught Off Guard by Sticky CPI Signs: Markets Wrap

(Bloomberg) — Wall Street got a reality check on Tuesday, with hotter-than-estimated inflation data triggering a slide in both stocks and bonds.  Equities pushed away from their all-time highs as the consumer price index topped estimates across the board. Treasuries sold off, with two-year yields hitting the highest since before the Fed’s December “pivot.” Swap…

Markets today: U S markets jolted as Fed s last mile looks elusive

Markets today: U S markets jolted as Fed s last mile looks elusive
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