"Inflation Concerns Rock Stock Market: April 11 Updates and Impact on 70-Year-Old Worker"
TL;DR
Bonds in Asia fell sharply as higher-than-expected US inflation suggested the Federal Reserve may not cut interest rates soon, causing benchmark 10-year yields in Australia, New Zealand, and Japan to rise. US Treasuries recovered slightly after a selloff lifted the 10-year yield above 4.5% for the first time in five months.
- Stock Market Today: Dow, S&P Live Updates for April 11 Bloomberg
- The 'supercore' inflation measure shows Fed may have a real problem on its hands CNBC
- 70-year-old returns to work amid rising inflation rate Yahoo! Voices
- Dow closes 422 points lower after a surprisingly bad inflation report CNN
- March US Inflation Report Sends Stocks, Bonds Reeling Bloomberg
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