Inflation worldwide

The number-one story in the financial markets of late has been the run-up in longer-dated Treasury (UST) yields – which have climbed back to levels not seen since before the 2007 Financial Crisis.

For now, the FED’s new chairman is sending the message that he will be tough on inflation — and the jobs report gives him cover to do so, even though the nonfarm payroll number came in surprisingly low.

The shift to remote work raises risk of cybercrime