Stocks slide and yield curve steepens as oil reverses from peaks – Newsquawk US Market Wrap

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News Snapshot:

SNAPSHOT: Equities down, Treasuries steepen, Crude down, Dollar up, Gold down REAR VIEW: Strong US 10yr note auction; Consumer Inflation expectations tick higher on 1 and 3yr, 5yr maintained; French Finance Ministry says no change in bond issuance strategy; France to release 10mln barrels of diesel from reserves; IEA members have expressed support for accelerating the oil stock releases announced in the collective action of March; Senior Iranian official says the US must first meet Iran’s conditions before the nuclear issue can be discussed; First LNG train at Qatar’s Northfield east expansion project is reportedly ready to start; Senior Euro…

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