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Inflation, inflation, inflation
FT News Briefing
Investing in Tech Valuations - What Happened Yesterday?
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Inflation and the looming prospect of higher interest rates areprompting investors to sell government bonds. A sell off that began last week has rattled equities as investors reposition themselves for the prospect of more hawkish central bank policy. It hit tex stocks especially hard yesterday, with the nasdak falling almost three%. The s an p 500 ended the day more than two % lower, its biggest loss since may gs.
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