Wall Street Stocks will suffer more when inflation are dashed
The benchmark S&P 500 index fell nearly 3% on Friday. Yields on the benchmark 10-year Treasury hit their highest level since early May. Stronger-than-expected inflation data ramped up forecasts for more aggressive Fed rate hikes later this year. Rankling expansion is taking steps to reignite twin decreases in U.S. stocks and bonds, passing on financial … Read more
