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Stocks, Bonds Look to ECB After US Inflation Jolt: Markets Wrap

(Bloomberg) — The slump in global bonds continued Thursday as traders reduced their wagers on interest-rate cuts, with attention turning to the European Central Bank’s policy announcement later.  Treasury yields ticked higher, with the 10-year rising to 4.56%, adding to yesterday’s surge when the US consumer price index beat forecasts for a third month. The… ....

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Bonds Extend Drop as Traders Trim Rate-Cut Wagers: Markets Wrap

(Bloomberg) — The slump in global bonds continued Thursday as traders reduced their wagers on interest-rate cuts, with attention turning to the European Central Bank’s policy announcement later.  Treasury yields ticked higher, with the 10-year rising to 4.56%, adding to yesterday’s surge when the US consumer price index beat forecasts for a third month. The… ....

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