Wednesday's News Links

[Bloomberg] U.S. Stocks Gain as Yields Climb on Inflation Data: Markets Wrap

[MarketWatch] Treasury yields jump as inflation comes above expectations

[Bloomberg] U.S. Consumer Prices Rise More Than Forecast on Apparel Costs

[Bloomberg] U.S. Retail Sales Unexpectedly Fall After December Revised Down

[Bloomberg] Fannie Needs First Bailout Funds Since 2012 After Tax-Cut Loss

[Reuters] Euro zone production jumps more than expected in Dec as economy powers on

[Bloomberg] Japan’s Economy Misses Fourth-Quarter Forecasts

[Bloomberg] Debt-Laden HNA’s Credit Assessment Cut by S&P

[Bloomberg] Five Charts That Explain How European Banks Are Dealing With Their Bad-Loan Problem

[WSJ] Bond Investors Worry About the Tax Overhaul’s Long-Term Cost

[FT] Bond market investors raise inflation expectations

[FT] Japan records longest growth spurt since 1989

[FT] Packaged loans premium tumbles to crisis-era low

[FT] Tensions over junk bond covenants start to boil over

[FT] Emerging markets turn to local debt

Tuesday Evening Links

[Bloomberg] Stocks in Asia Face Mixed Start as Yen Strengthens: Markets Wrap

[CNBC] Trump weighs tariffs, quotas on US steel, aluminum imports

[Bloomberg] Cleveland Fed's Mester Is Being Considered for Vice Chair Post

[CNBC] Market on its toes for an inflation report that could change everything

[CNBC] Total US household debt soars to record above $13 trillion

[Bloomberg] Home Prices Hit Records in Almost Two-Thirds of U.S. Cities

[Reuters] Trump budget chief says he would oppose budget if he were in Congress

[Bloomberg] Dalio’s Bridgewater Boosts Gold Holdings in SPDR, IShares

[NYT] Boom and Gloom: An Economic Warning for California

[WSJ] Wall Street Regulator Scrutinizes Alleged Manipulation of VIX, a Popular Volatility Gauge

[FT] US intelligence chief calls debt a security threat