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6/14/2021 10:42:18 PM GMT | By Anil Panchal Wall Street benchmarks closed mixed despite last hour run-up. Mixed signals from inflation expectations battle US Treasury yields recovery ahead of FOMC. Tech gains, Lordstown slumps and pharmacy companies traded haywire. US equities begin the week on mixed footing but ended up print mild gains except for Dow Jones Industrial Average (DJI), on Monday. Market fears ahead of Wednesday’s Federal Open Market Committee (FOMC) contrast Treasury yields amid a light calendar but investors booked intraday profits. With the recovery in US inflation expectations, per data from NY Fed and St. Louis Fed, jitters over the Fed’s tapering during Wednesday’s FOMC gain momentum. However, an uptick in the 10-year Treasury yields back the buyers during a quiet start to the week.

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