Bonds Tumble as Hot Inflation Fuels Bets on More Fed Rate Hikes
The US bond market was hit by one of its biggest selloffs since the meltdown unleashed by President Donald Trump’s tariffs after a bigger-than-expected jump in inflation and hawkish comments from Federal Reserve officials cemented speculation that the central bank will resume raising interest rates

<p>The US bond market was hit by one of its biggest selloffs since the meltdown unleashed by President Donald Trump’s tariffs after a bigger-than-expected jump in inflation and hawkish comments from Federal Reserve officials cemented speculation that the central bank will resume raising interest rates </p>