The bond market prepares for a hike to interest rates, while U.S. stocks drift lower

The bond market swung as investors built bets that the Federal Reserve may hike interest rates soon to get the nation’s high inflation under control.

US stocks drift lower after expectations rise for the Fed to hike rates to get handle on inflation  AP News

Stocks Lower as Fed’s Warsh Comments Boost Rate-Hike Bets  WSJ

U.S. stocks are drifting lower while expectations rise for the Federal Reserve to hike interest rates soon to get the nation’s high inflation under control

Stocks rise as Fed chairman fuels US rate-hike bets  lbc.co.uk

In London, defence stocks were among the worst performers in the FTSE 100 amid uncertainty over government spending.

In London, defence stocks were among the worst performers in the FTSE 100 amid uncertainty over government spending.

Fed Chief Kevin Warsh Hints At Interest Rate Hikes His Boss Would Probably Hate  HuffPost

Traders are overwhelmingly betting that the Fed will raise rates at least once over the next year.

Fed seen a bit more likely to hike after inflation data  Reuters

How the spike in global bond yields creates more risk for the stock market  CNN

Rudi Suardi/Getty Images Easing inflation may give mortgage holders a reprieve on further repayment increases for now – but maybe not for long. The consumer price index (CPI) rose 3.5% in the year to July, down from 3.8% in the year to June. But that was a smaller fall than had been predicted. The Reserve Bank of Austr