Why we aren't too anxious about rising bond yields

She's also released a new song called Sober as she gears up for a world tour that begins in Manchester in September

The latest increase was driven by the release of the minutes of the US Federal Reserve's January FOMC meeting, something that after some initial confusion was eventually deemed to be more hawkish than many were anticipating.

The Dow Jones Industrial Average lost 166.97 points, or 0.7%, to 24,797.78, after seeing an afternoon rally of 303 points, or 1.2%, at its session peak.

The broad-based S&P 500 shed 0.6% to end the session at 2 701.33, while the tech-rich Nasdaq Composite Index dipped 0.2% to 7 218.23.

U.S. stocks closed lower as investors awaited the release of a meeting minute from the Federal Reserve.

LeBron James doesn't want the National Basketball Association to change its playoff format
On Saturday, during an interview after the NBA All Star game, James said, "But we will definitely not shut up and dribble". A layup by reigning NBA MVP Russell Westbrook gave Team LeBron a 3-point advantage.

We've been living through the weirdest time in economics when interest rates have been unbelievably low, we feared deflation and prayed for inflation, wage rises were as scarce as hen's teeth and most stock markets have rocketed along, thanks to central banks throwing money at our economic problem.

In their January discussion, Fed officials pointed to a stronger labor market, a steady employment rate of 4.1%, a rise in household spending and solid investment by businesses as factors in bolstering their confidence to move forward with at least three rate hikes this year.

Fed officials said they don't expect wage growth to grow significantly if productivity remains low.

Investors became nervous as the yield on the benchmark 10-year US Treasury note climbed to a four-year high, prompting a bout of across-the-board selling of equities.

Pakistan Supreme Court rules Nawaz Sharif can not lead party
However, decisions taken by Sharif will be nullified, including tickets issued by him for the Senate elections. He said the PML-N should now accept the verdict, elect a new leader and "let politics progress".

This as the Fed minutes noted that a majority saw stronger growth lifting liking of further rate hikes.

"Members agreed that the strengthening in the near-term economic outlook increased the likelihood that a gradual upward trajectory of the federal funds rate would be appropriate", said the minutes.

The market is widely expecting the Fed to lift interest rates at its next meeting in March, to a range between 1.5 and 1.75 per cent.

The Fed's transcript showed that several officials expected inflation to accelerate this year but only a couple of officials were anxious about the economy growing too hot and too fast. Stocks also rose to new highs in the month before the January meeting, likely giving an additional boost to economic growth, they thought.

Erdogan: Pro-regime groups in Afrin issue 'closed'
On Jan. 20, the Turkish Armed Forces, together with the Free Syrian Army, launched the Operation Olive Branch in Afrin , Syria. "Speaking on Turkey's aggression in Afrin , this is the blatant violation of Syria's sovereignty", the ambassador said .

The January meeting was the last attended by Chair Janet Yellen, who was succeeded by Jerome Powell. However, it is my assessment that the underlying fundamentals of the US economy are sound and much improved relative to earlier in the decade. Stocks rose to records, long-term bond yields fell, and the dollar weakened, even though the Fed past year steadily raised interest rates and started paring its bond portfolio.

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