- Strong hiring figures limited the Federal Reserve's room to cut rates, while investor caution over AI valuations caused a market sell-off.
- Strong job gains and inflation concerns are driving market sell-offs due to increased odds of Fed rate hikes.
Investment inflows boosted sectors while inflation fears drove 30-year US Treasury yields to a 19-year high, causing a market selloff.
1 report, 1 independent
Updated Aug 18
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What happened
Investment inflows boosted sectors while inflation fears drove 30-year US Treasury yields to a 19-year high, causing a market selloff.