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The San Antonio

Pressure from the bond market hits a new level, and US stocks slide on worries about inflation

Pressure from the bond market hits a new level, and US stocks slide on worries about inflation
Photo: KSAT 12 (ABC affiliate) · view original

Pressure from the U.S. bond market hit a new level on Wall Street Wednesday after a surprisingly strong report on the economy raised worries about inflation, while oil prices halted their slide. The squeeze caused U.S. stocks to sink. The S&P 500 fell 0.8% after finishing the prior day just 0.4%...

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