CHINA: Central Bank Ceases Bond Buying as Sell-Off in US Treasury Bonds Stokes Wage Inflation and Wall Street Begins Tanking

By Staff Reporters *** *** *** And, the U.S. economy added a much larger-than-expected total of new hires last month, adding more upward pressure to wage inflation and likely stoking a further selloff in U.S. Treasury bonds. The Bureau of Labor Statistics said 256,000 new jobs were created last month, well ahead Wall Street’s 164,000 […]