Oil prices surge, stocks mixed as inflation worries mount

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[ICYMI] Oil prices surge, stocks mixed as inflation worries mount

Yields rise as bond prices fall, and investors have been rushing out of them as inflation would eat into their returns over time, sparking the selloff in world markets.

Investors will be keeping tabs on the European Central Bank's policy meeting Thursday, hoping officials will stress their commitment to keeping borrowing costs low, while the Fed is due to gather next week.

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