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Market Impact: 0.7
Wall Street Lunch: Yields Hit Financial Crisis Highs As Inflation Raises Fed Hike Odds
Source: seekingalpha.com
Interest Rates & YieldsMonetary PolicyInflationEnergy Markets & Prices
Treasury yields surged to their highest levels since 2008 as global rate hikes and persistent wholesale energy inflation intensified concerns over entrenched price pressures. Market-implied odds of a Federal Reserve rate hike at the next meeting rose to 70%, with sticky services inflation reinforcing a hawkish policy outlook.
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