Surge in bond yields rattled global stock and currency markets has gone too far, leaving door open for Fed to stun investors with less hawkish policy.
This is the fourth such event for the S&P 500 Index over the past two decades. Earlier ones in 2000 and 2008 took much longer to find a bottom.
BofA CFO Alastair Borthwick said its loan portfolio was not showing any signs of a looming recession.
Stock markets are flashing a bullish signal amid tentative signs that inflation volatility is peaking, according to JPMorgan Chase & Co. strategists.
We haven't quite escaped this yet. We don't think we're going to really be able to get through some of this angst in markets probably until mid-July.