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WALL STREET BLUES

Bond-stock clash begins just as inflation bogeyman looms

With inflation appearing to be heating up, traders are pricing in more than two Fed hikes this year

New York

THE tug-of-war between stocks and bonds is at the heart of the shakeout roiling financial markets. This week's US inflation report could hold the key to the next phase.

Seemingly every time 10-year Treasury yields approached a four-year high last week, equities investors...

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