RE:RE:RE:RE:Back in HistoryBayWall wrote: Not an economist. But for now.-LONDON (Reuters) - World stocks climbed to five-week highs on Wednesday as investors ignored a broadening selloff in global bond markets fuelled by a combination of soaring inflation and hawkish comments from U.S. policymakers.
And they ignored the spike in bond yields at their peril as the DJII dropped 449 points today.