Stocks Pare Losses, Bonds Fall After Inflation: Markets Wrap The stock market has stabilized somewhat following a tumultuous few days, but the respite comes with a price as bonds plummet in response to rising inflation expectations.
The S&P 500 index regained some ground yesterday, closing 1. 5% higher after plummeting by over 4% on Tuesday.
Rising inflation expectations have long been a concern for investors, and recent data has only exacerbated these worries.