Stocks sink, yields jump as hot US inflation erodes hopes for rate cuts : vimarsana.com

By Sinéad Carew and Alun John NEW YORK/LONDON (Reuters) – Treasury yields surged while equity indexes sank on Wednesday after data showed U.S. consumer prices rose more than expected in March, diminishing hopes for how much and how soon the Federal Reserve can cut interest rates. In currencies, the dollar index rose across the board…

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