# GLOBAL MARKETS-Inflation fears grip markets as bonds, stocks extend selloff

> Global government bonds and stocks extended their selloff after a much hotter-than-expected US CPI reading. Markets raised expectations for the peak in US interest rates to around 4% and the US yield curve inverted for the first time since April.

- Date: 2022-06-13 · published 2022-06-13T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/9637-global-markets-inflation-fears-grip-markets-as-bonds-stocks-extend-selloff
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Expectations of more aggressive tightening strengthen the dollar and weigh on risk assets and commodities, while a recession signal could reduce demand for feed and livestock products.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-08-05 | [Emerging Markets equities slump as US recession fears spark global selloff](https://feedsoft.ai/events/12017-emerging-markets-equities-slump-as-us-recession-fears-spark-global-selloff.md) | -0.4% | -0.9% |
| DXY | 2021-02-26 | [Stock markets roiled by global bond whiplash \| Reuters](https://feedsoft.ai/events/9588-stock-markets-roiled-by-global-bond-whiplash-reuters.md) | +0.7% | +1.9% |
| DXY | 2021-02-26 | [Globals stock slide on inflation fears, dollar gains \| Reuters](https://feedsoft.ai/events/9587-globals-stock-slide-on-inflation-fears-dollar-gains-reuters.md) | +0.7% | +1.9% |
| DXY | 2022-06-30 | [Euro under pressure as inflation fears send investors to dollar haven - Markets - Business Recorder](https://feedsoft.ai/events/41161-euro-under-pressure-as-inflation-fears-send-investors-to-dollar-haven-markets.md) | +1.5% | +1.0% |
| DXY | 2024-03-07 | [Markets see clearer ECB rate-cut roadmap as inflation fog lifts - The Globe and Mail](https://feedsoft.ai/events/31423-markets-see-clearer-ecb-rate-cut-roadmap-as-inflation-fog-lifts-the-globe-and.md) | -0.4% | +0.5% |

## Sources

- finance.yahoo.com: https://finance.yahoo.com/news/global-markets-inflation-fears-grip-122754902.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.