Have we already reached peak interest rates? After a CPI release that shows inflation running less hot than expected, the yield on 10-year Treasuries is plummeting. Yields now stand at 4.65%, a nearly 3% drop from yesterday.

U.S. stocks ripped higher Wednesday following a shot of adrenaline from an encouraging update on U.S. inflation. Strong profit reports from Wells Fargo and other big U.S. banks