Spiking yields and falling stocks: Wall Street thinks hot inflation data clinched a rate hike next month

First reported by Yahoo Finance at Tue 9:53 AM · 2 outlets in all

1. Wall Street Journal(subscription required)33hHot Inflation Revives Wall Street’s Rate Hike FearsA Fed governor’s hawkish speech also got the attention of investors recently distracted by wobbles in the AI trade.
2. Yahoo Finance38hSpiking yields and falling stocks: Wall Street thinks hot inflation data clinched a rate hike next month