Inflation Heats Up

Monday, stocks gained 0.3% in Asia, fell slightly in Europe, and lost 0.7% in the U.S. on 15B shares traded. The VIX moved up 9% to close at 30.15. The 10-Year U.S. Treasury bond yield plummeted 7% to close at 1.84. Precious metals rose 1%. Dow ended below 34,000.

Tuesday, stocks rose 0.8% in Asia but fell 2.2% in Europe and 1.5% in the U.S. on 15B shares traded. The VIX moved up another 11% to close at 33.32. The 10-Year U.S. Treasury bond yield plummeted 7% to close at 1.71. Precious metals gained 2% and their miners rose twice that amount.

Wednesday, stocks declined 1.3% in Asia but gained 0.8% in Europe and 1.9% in the U.S. on 14B shares traded. The VIX fell 8% to close at 34.74. The 10-Year U.S. Treasury bond yield shot up 8% to close at 1.86. Precious metals fell 1%.

Thursday, stocks gained 0.3% in Asia but lost 1.9% in Europe and 0.6% in the U.S. on 14B shares traded.

Friday, stocks lost 2.2% in Asia, 3.6% in Europe, and 1.0% in the U.S. on 13B shares traded. The VIX gained 5% to close at 31.98. The 10-Year U.S. Treasury bond yield fell 7% to close at 1.72. Precious metals gained 2% and their miners moved up about twice that amount.

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