The relief that swept the bond market just a day earlier disappeared as oil prices, worries about high inflation and the U.S. government’s debt kept rising. That helped knock the U.S. stock market to its worst loss in three weeks…
The Ibex 35 closes flat below 19,900 points in a session dominated by corrections in the stock markets of Europe and Wall Street, which put at price the debt crisis looming over the United States and the renewed risks of rising oil prices. With the start of the American session the declines range from 0.3% in the S&P 500 to 0.9% in the Russell 2000. In this context, today’s rebound in American debt yields confirms that the bond market has become…