A surprisingly strong US jobs report fed into fears of sustained inflation, sending Treasury yields soaring and stock prices plummeting. Interest rate cut expectations have been pared to one or two cuts in the second half of the year.
Meanwhile, Chinese markets are bracing for the potential impact of the incoming Trump administration and weak domestic data.
Doubts over the payoff from massive AI spending triggered a sharp tech selloff, with Meta’s negative free cash…
Hot inflation and surging oil have revived expectations of a Fed rate hike, pushing the 10-year Treasury yield…
Bond yields climbed to multi-decade highs as oil stayed above $100 amid Gulf attacks and hurricane-related supply risks,…
