SPY News: Why the Fed risks relearning the painful inflation lessons of the 1970s - 11th Apr 2024, 8:00pm

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A hotter-than-expected inflation print rocked bond markets Wednesday, sending the US 10-year Treasury note yield (^TNX) to 4.56%, the highest level since November. The jump (18 bps) was the biggest in nearly two years.

The resulting volatility leaked into equities — particu...

>>> Read more: Why the Fed risks relearning the painful inflation lessons of the 1970s
 
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