Markets see just one rate cut coming in 2025 amid strong economic data and the potential for Trump's economic plans to stoke inflation.

Dreyfuss LONDON/NEW YORK (Reuters) -A sharp selloff in some of the world's biggest government bond markets and a continued rise in the dollar sent shockwaves through financial markets, with the pain seen deepening as uncertainty grows over U.

There’s room for stock markets to fall further as bond yields approach levels that have been painful for equities in recent years.

U.S. corporate debt markets continued to be peppered by new bond offerings on Wednesday as rising Treasury yields increased demand for debt and pushed companies to get their funding done now before any further increase in borrowing costs.

The dollar index (DXY00) today is up by +0.18%. The dollar today recovered from early losses and moved mildly higher as T-note yields jumped on the stronger-than-expected US Nov JOLTS job openings and Dec ISM services reports,