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Inflation Fears Again Chill the Markets


Anxiety over high inflation, which has preoccupied investors all week, sent bond prices falling today and pushed the interest rate on the benchmark United States Treasury note above 5 percent for the first time since last summer. The stock market quickly followed suit, and shares suffered their biggest declines since March. The Dow Jones industrial average closed down nearly 200 points, or 1.5 percent.



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