Wednesday Evening Links

[Yahoo/Bloomberg] Bonds Drop Post-Fed; Stocks Set for Steady Start: Markets Wrap

[Reuters] Wall Street ends up as investors absorb Fed minutes

[AP] Fed: Sharply higher rates may be needed to quell inflation

[Reuters] Fed's fear of entrenched high inflation fueled big rate hike, minutes show

[Yahoo/Bloomberg] China Data Show Economy Shrinking in Challenge to Xi’s Target

[Reuters] U.S. counterintelligence warns of China stepping up influence operations

[Reuters] World hunger rising as U.N. agencies warn of "looming catastrophe"

[Bloomberg] Crypto Lender Genesis Confirms Exposure to Bankrupt Three Arrows Capital

[NYT] Fed officials, spooked by data, fretted in June about inflation becoming entrenched.