Futures Flat Amid Fresh Inflation Jitters; Yen Tumbles To 5 Year Low
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Futures Flat Amid Fresh Inflation Jitters; Yen Tumbles To 5 Year Low

Price action has been generally uninspiring, with US index futures and European stocks flat after UK inflation climbed faster than expected to the highest in a decade, heaping pressure on the Bank of England to raise interest rates, while Asian markets fell as investors fretted over early rate hikes by the Federal Reserve after strong retail earnings dented the stagflation narrative.  Ten-year Treasury yields held...

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