New York (CNN Business) The stock market is soaring and bond yields have pulled back after a big spike earlier this year. But make no mistake: Investors still have plenty to fret about when it comes to the threat of inflation. This growth will likely lead to inflation — and higher interest rates. Investors freaked out about inflation in March, sending long-term bond rates to their highest point since pre-pandemic levels from January 2020. "But all it would take is for another concern about inflation to start worrying people."
Source: CNN April 16, 2021 16:41 UTC