INVESTORS DROP FED RATE-CUT EXPECTATIONS AS WARSH TAKES OVER — BOND YIELDS SURGE

Oil spike from Iran War pushes inflation forecasts higher. FOMC minutes from April show shift toward possible tightening. "Strong possibility of interest-rate hikes by year-end," analysts warn.

Oil spike from Iran War pushes inflation forecasts higher. FOMC minutes from April show shift toward possible tightening. "Strong possibility of interest-rate hikes by year-end," analysts warn.