Bond Market Woes Keep Mounting, Spreading Pain to Stocks

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Pressure on beaten-down U.S. bonds is showing few signs of relenting, threatening further pain across financial markets

Pressure on beaten-down U.S. bonds is showing few signs of relenting, driving Treasury yields to new highs and threatening further pain across financial markets.

in response to more bad news on inflation, stubbornly strong economic-activity data and continuing turmoil in overseas markets. Yields rise when bond prices fall.

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US inflation seems to be coming down now, albeit slowly. Soft US retail numbers could be indicating the onset of the expected recession

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