Treasury Yields Ease Off Highs But Inflation Worries Persist, Threatening Stock Market
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Treasury yields fell Tuesday, easing off highs that had spooked markets.
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Sofi strategist says bonds may not be "out of the woods" as weak data hasn't caused yields to stay down.
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Inflation report Thursday could show prices still elevated, prompting more Fed hikes.
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If yields rise on hot inflation, stocks may suffer given recent correlation.
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Analyst notes yields stabilizing needed for market reversal as rates drive narrative.