Tuesday's News Links

[Yahoo/Bloomberg] Stocks Rise Amid Fed-Pause Bets; Yuan Down on PBOC: Markets Wrap 

[Yahoo/Bloomberg] UK Two-Year Yield Rises to Highest Since 2008 After Jobs Data

[Yahoo/Bloomberg] Oil Rises From Three-Month Low as China Weighs Stimulus

[Yahoo/Bloomberg] Yuan Pares Loss, Bonds Rally as Stimulus Report Boosts Sentiment

[AP] US consumer price growth slowed last month, though underlying inflation measures stayed high

[CNBC] Inflation rose at a 4% annual rate in May, the lowest in 2 years

[Reuters] US small business sentiment edges up in May, NFIB says

[Reuters] Fed kicks off meeting-by-meeting policymaking amid high uncertainty

[Reuters] Hot core services summer could spoil the Fed's repose

[Yahoo/Bloomberg] Private Equity Firms Have $1.5 Trillion to Spend, But Are Struggling to Seal Deals

[CNBC] Chocolate is set to get more expensive as cocoa prices soar to seven-year highs

[Yahoo/Bloomberg] Rebel Republicans Seek Spending, Power Concessions From McCarthy

[Yahoo/Bloomberg] UK Labor Market Tightens, Adding Pressure on Bank of England

[Yahoo/Bloomberg] China Credit Demand Weakens In Fresh Sign of Waning Recovery

[Yahoo/Bloomberg] China Shifts to Stimulus Mode With Xi’s Options Dwindling

[Reuters] China cuts short-term borrowing costs as economy slows

[Yahoo/Bloomberg] China’s Stimulus Runs Into Wall of Doubts in a Bearish Market

[Yahoo/Bloomberg] One of China’s Top Hedge Funds Unwinds Bet on Property Rebound

[Reuters] Russia kills 10 in strike on Ukraine; Kyiv says troops make gains

[Reuters] Japan’s economic scars might blind it to inflation

[Reuters] ECB urges banks in Russia to leave quickly

[Yahoo/Bloomberg] Australia’s Consumer Sentiment ‘Near Recession Lows’ After Hike

[CNBC] The scarcity of water is emerging as a global economic threat. With China and India looking the most at risk

[Yahoo/Bloomberg] Heat Scorches Europe as Southern Spain Temperature to Reach 45C This Month

[Bloomberg] China Can’t Work Out How to Fix Its ‘Balance-Sheet Recession’

[Bloomberg] Alarm Bells Ring as Local Investors Cool on South Africa’s Debt

[Bloomberg] Return of El Niño Threatens New Levels of Economic Destruction

[WSJ] Fed-Rate Projections Could Rise to Underscore Inflation Anxieties

[WSJ] Renters Are About to Get the Upper Hand

[WSJ] San Francisco Mall Turned Over to Lender as Downtown Struggles

[WSJ] China’s Recovery Is in Real Peril Now

[FT] Gilt yields surpass mini-Budget level on strong UK wage growth

[FT] US junk loan defaults surge as higher interest rates start to bite