Dow falls nearly 400 points as Treasury yields surge after strong CPI inflation report
U.S. stock indexes were tumbling on Wednesday morning after January's hotter-than-expected CPI inflation report sent the 10-year Treasury yield to its highest level in nearly three weeks. The Dow ...
After CPI inflation report, fed-funds futures traders push back Fed rate-cut expectations
Traders in the federal-funds futures market on Wednesday morning pushed back their expectations for the Federal Reserve to cut its benchmark interest rate to the fourth quarter of 2025, after weighing ...