Chinese inflation jumps in May
European markets had another mixed session yesterday, with the FTSE 100 outperforming while the performance of markets in the US was pretty much identical to what happened on Monday, with the Russell 2000 outperforming and leaving its heavyweight peers of the S&P 500 and Dow trailing in its wake, albeit still just below record highs. What’s even more confusing is that despite increasing evidence that inflation risks could well be rising, bond yields are going into reverse,…