Wall Street Caught Off Guard by 'Sticky' CPI Signs: Markets Wrap

(Bloomberg) — Wall Street got a reality check on Tuesday, with hotter-than-estimated inflation data triggering a slide in both stocks and bonds.  Equities pushed away from their all-time highs as the consumer price index topped estimates across the board. Treasuries sold off, with two-year yields hitting the highest since before the Fed’s December “pivot.” Swap…

Related Keywords

Texas ,United States ,Germany ,New York ,San Francisco ,California ,Chicago ,Illinois ,Japan ,United Kingdom ,Michigan ,British ,Britain ,American ,Japanese ,Plante Moran ,Christopher Waller ,Christine Lagarde ,Brian Rose ,Christopher Dereza ,Goldman Sachs ,Andrew Bailey ,Alexandra Semenova ,Jeff Bezos ,Jessica Menton ,Quincy Krosby ,Bre Bradham ,Felice Maranz ,Matthew Boesler ,Isabel Schnabel ,Mary Daly ,Jerome Powell ,Chris Larkin ,Raphael Bostic ,Jeffrey Roach ,Michael Barr ,Janus Henderson ,Elena Popina ,Austan Goolsbee ,American International Group Inc ,Airbnb Inc ,Bloomberg ,Rob Swanke At Commonwealth Financial Network ,Robinhood Markets Inc ,Prudential Financial Inc ,Tiffany Wilding At Pacific Investment Management Co ,Tesla Inc ,Paul Toft At Key Private Bank ,Chris Zaccarelli At Independent Advisor Alliance ,Bryce Doty At Sit Investment Associates ,University Of Michigan ,Uber Technologies Inc ,Lyft Inc ,Nasdaq ,Zaccarelli At Independent Advisor Alliance ,Bonds ,Bureau Of Economic Analysis On Feb ,Morgan Stanley ,Wall Street ,Chris Zaccarelli ,Independent Advisor ,Torsten Slok ,Apollo Global ,Independent Advisor Alliance ,Natalliance Securities ,Jason Pride ,Greg Wilensky ,Owner Equivalent Rent ,Tiffany Wilding ,Pacific Investment Management ,Josh Jamner ,Economic Analysis ,Oregan Capital ,Commonwealth Financial Network ,Key Private Bank ,Premier Miton Investors ,Sit Investment Associates ,Plante Moran Financial Advisors ,New York Life Investments ,Goldman Sachs Asset Management ,Uber Technologies ,International Group ,Fed President Austan Goolsbee ,Vice Chair ,Supervision Michael Barr ,Fed President Raphael Bostic ,Governor Christopher Waller ,Philip Lane ,Francisco Fed President Mary Daly ,Dow Jones Industrial Average ,Bloomberg Dollar Spot Index ,Texas Intermediate ,Carly Wanna ,