July 22, 2024 7:07 am

The premier news source for Snohomish County

U.S. bond yields surge as financial markets tumble, inflation jumps

may inflation

All major indexes – Dow Jones Industrial Average, S&P 500, and the Nasdaq Composite – tumbled today, raising concerns of a looming recession following last week’s reports from the U.S. Bureau of Labor Statistics of a 40-year high 8.6% consumer inflation rate and a 3.0% decline in real earnings for the month of May. According to […]

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