US Assets Remain Under Pressure; Sterling Gains Muted Despite Hot CPI

Dollar’s selloff moderated slightly during European session, but pressure on US assets remains firmly in place. DOW futures are down more than -300 points, while the 10-year Treasury yield has surged back above the 4.5% mark. https://www.actionforex.com/action-insight/market-overview/597882-us-assets-remain-under-pressure-sterling-gains-muted-despite-hot-cpi