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Wall Street hammered as 10-year yields reach 2011 highs

World markets rattled by US inflation concerns.

Fri, 05 Oct 2018

Wall Street fell sharply overnight as interest rates hit new multiyear highs, dampening investor sentiment, and markets digest Federal Reserve chairman Jerome Powell's latest remarks.

The Dow Jones Industrial Average at one time dropped 350 points as the 30-stock index was on track for its worst

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Wall Street hammered as 10-year yields reach 2011 highs
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