GLOBAL MARKETS-Inflation fears spook US stocks, Treasury yields jump

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By Shannon in Business
Updated 3 years ago

NEW YORK, May 12 (Reuters) - U.S. stocks fell again on Wednesday as benchmark Treasury yields jumped after data showed consumer prices unexpectedly rose by the most in nearly 12 years in April, prompting bets on earlier interest rate hikes. Moments after data showed the U.S. consumer price index jumped...

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