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The Federal Reserve could be done raising its benchmark interest rate, at least for the time being, according to a recent string of remarks by Fed officials.

Dovish Fed speak: some Fed officials believe year-end hike not required. Global equities benefit from treasury yield pullback, US 10yr through 4.65%

The seeming serenity of June markets has finally been broken by summer storms as a blistering selloff in bonds snowballed following news of buoyant U.S. job creation last month that stiffens expectations for more interest rate rises. While data also showed weekly jobless claims ticking higher and job openings easing somewhat in May, the rate of job 'quits' was also up - underlining the tightness of the labor market that's making the Federal Reserve so uncomfortable about getting inflation back to 2% target. The fear at the Fed is that the wider economy is rebounding again with...

A look at the day ahead in U.S. and global markets from Mike Dolan

A look at the day ahead in U.S. and global markets from Mike Dolan The seeming serenity of June markets has finally been broken by summer storms as a blistering selloff in...