A worrisome week in the global financial markets. Inflation fears sent European bourses tumbling on Mar. 1, with London, Paris, and Frankfurt hit the hardest. In the U.S., word of higher than expected economic growth sent bond prices falling. The yield of benchmark 30-year Treasury notes climbed to 6.8%. U.S. stocks were similarly hurt, though the market recovered on Mar. 2. One ray of hope is the put-call ratio indicator of investor sentiment, which is at its most bullish level in three years.
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