Trading Day: Can't get no relief

ORLANDO, Florida, Aug 20 : That didn't last long. U.S. bond yields rose on Thursday, retracing much of the previous day's decline on Treasury's surprise buyback announcement and pushing Wall Street to a two-week low. Another rise in oil prices, and a rare sales miss from retail giant Walmart also weighed heavily on stocks. In my column today, I argue that the minutes of the Fed's last meeting suggest a September rate hike is still very much on the table. When you consider recent energy price moves, especially diesel, the 35 per cent probability rate markets are currently putting on a hike next month may be on the low side. If you have more time to read, here are a few articles I recommend to help you make sense of what happened in markets today.1. Treasury's upsized buybacks may complicate