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Yields Soar as Inflation Dents Case for Fed Rate Cuts This Year

(Bloomberg) Treasury yields soared, reaching new year-to-date highs, as hotter-than-expected March inflation readings prompted prompted investors to scale back the US interest-rate cuts they foresee this year.Most Read from BloombergUS Slams Strikes on Russia Oil Refineries as Risk to Oil MarketsUS Inflation Refuses to Bend, Fanning Fears It Will Get StuckChinese Cement Maker Halted After 99% Crash in 15 MinutesApple’s India iPhone Output Hits $14 Billion in China ShiftBond Trader Places Reco

New yorkUnited statesKathy jonesBloomberg businessweekStuart paulKristine aquinoDavid kellyNazmul ahasanAnna wongZachary griffithsEdward bolingbrokeGoldman sachsFederal reserveCharles schwabMorgan stanleyAsset management

Fed Faces Soft Deadline for Rate Cuts as Inflation Progress Stalls

Fed Faces Soft Deadline for Rate Cuts as Inflation Progress Stalls
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

United statesMichael gapenVince golleMatthew luzzettiVincent reinhartJerome powellSeema shahDonald trumpAmerica corpDeutsche bankFederal reserveMarket committeePrincipal assetTops forecasts againLikely delaying fed rateChair jerome powell

Emerging Assets Slide as Hot US Inflation Delays Fed Cut Odds

Emerging Assets Slide as Hot US Inflation Delays Fed Cut Odds
yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.

South africaSouth africanHenrik gullbergLuis hurtadoBloomberg businessweekFederal reserveAfrican national congressCoex partners ltdMarkets indexCoex partnersTops forecasts againLikely delaying fed rate