Day traders' after-market lounge May 9, page-35

Bond yields rise when prices fall. Yields are climbing because investors think inflation is out of control.

Last Wednesday, U.S. bonds and stocks rallied after the Federal Reserve approved a half-percentage point increase in its benchmark lending rate to a target range of between 0.75% and 1%. Fed Chairman Jerome Powell said officials weren’t considering an even larger increase at the central bank’s next meeting. This is creating the uncertainty in the market.