Stocks, Bonds Fall as Oil Jump Fuels Fed-Hike Bets
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A renewed drop in bonds reduced bets on riskier corners of Wall Street, hitting stocks on worries that elevated oil prices will fuel inflation and force the Federal Reserve to lift rates. Jordan Jackson, Global Market Strategist at JPMorgan Asset Management, discusses the markets and his outlook on inflation. -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET Saturday & Sunday 7am-10am ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X: https://twitter.com/BloombergRadio Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloomberg Businessweek: http://bit.ly/3IPl60i Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: https://apple.co/486mghI Android Auto: https://bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts: https://www.youtube.com/bloomberg
Tags: Bonds, Caroline Hepker, Data, Economy, Employment, Energy, Fed, Federal Reserve, Interest Rates, Investing, JPMorgan Chase & Co., Jobs, Jordan Jackson, Kevin M. Warsh, Markets, Oil, Payrolls, Scott Bessent, Treasury, Yields
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