A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. What’s happening: Government bond yields — which move opposite prices — have jumped, signaling rising optimism about the economic recovery. But a surging economy can also mean rising prices. Investors are worried that higher inflation would pressure central banks like the Federal Reserve to hike interest rates or taper bond purchases sooner than expected. After a long period of easy access to money, that could trigger a market tantrum. “The economy is more leveraged than in previous eras, so a bit of Fed tightening eventually can do more damage,” John Normand, JPMorgan’s head of cross-asset fundamental strategy,

Read More At Article Source | Article Attribution