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This is The Takeaway from today's Morning Brief, which you can sign up to receive in your inbox every morning along with:
The chart of the day What we're watching What we're reading Economic data releases and earnings
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 â particu...
>>> Read more: Why the Fed risks relearning the painful inflation lessons of the 1970s
The chart of the day What we're watching What we're reading Economic data releases and earnings
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 â particu...
>>> Read more: Why the Fed risks relearning the painful inflation lessons of the 1970s