Reported 6 months ago
Global stocks paused their spring rally as bond markets signaled inflation risks remaining elevated into the summer. While the S&P 500 reached record highs, government bond portfolios faced losses, reflecting sensitivity to inflation. Despite weak demand in Treasury auctions indicating rising yields, concerns linger over the U.S. economy's resilience keeping inflation pressures high. Analysts await forthcoming data, including the PCE Price index, to gauge inflation trends and the potential impact on stock markets in the coming months.
Source: YAHOO