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The Stock Market Is Getting Spooked As Bond Yields Top 4%. Here's Why

The 10-year Treasury bond yield has rebounded to highs last seen in November, signaling a shift higher in investors' interest-rate expectations. ....

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Mohamed El-Erian Says BOE Should Hike Rates Aggressively to Calm Markets

"If I were the governor and the chancellor is not modifying his plan, I would increase interest rates and not by a little, by 100 basis points," Mohamed El-Erian said. ....

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El-Erian Says Fed Must Be "Brutally Honest" and Open to Larger Hikes

Wednesday's consumer price index report did not show a much hoped-for cooling of inflation in April, putting pressure on the Fed. ....

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El-Erian Says 'Humbled' Fed Needs Skill, Time, Luck for Soft Landing

"History suggests when the Fed is this late, the probability of a recession is uncomfortably high," the economist told CNBC on Thursday. ....

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