A look at the day ahead in markets from Dhara Ranasinghe.
more hawkish. He now wants a full percentage point of rate hikes over the next three U.S. central bank policy meetings.Money markets didn't waste any time -- they price in a more than an 80% chance ofThe U.S. 10-year Treasury yield is above 2% , and one-year bond yields are up 27 basis points this week , set for their biggest rise since 2008.
dropped 1%. European stock futures are down 1%, U.S. futures too are falling -- not a good sign for Wall Street.Raising the European Central Bank's main rate now would not bring down record-high euro zone inflation and hurt the economy, ECB President Christine Lagarde said in an interview.Britain said on Thursday thein the West's standoff with Moscow appeared imminent, as Russia held military exercises in Belarus and the Black Sea following the buildup of its forces near Ukraine.
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