Morning Bid: Swinging between bank fears and rate risks

News Snapshot:

A look at the day ahead in U.S. and global markets from Mike Dolan Markets seem caught between the devil and the deep blue sea. Easing concerns about bank stability this week have merely re-introduced interest rate risk, reining in any suggestion of a runaway relief rally as the first quarter closes on Friday. While nerves persist over March bank failures and contagion fears, central banks are still faced with punchy growth and inflation and will likely switch attention back to cooling that down once they're assured banks can take the strain. While a possible credit crunch from the whole...