Learn more

By Herbert Lash and Elizabeth Howcroft NEW YORK/LONDON (Reuters) -Stocks in Europe and on Wall Street fell on Tuesday, along with prices for U.S. government debt, as market optimism that the Federal Reserve can engineer a soft landing as it cuts interest rates this year lost a bit of luster. The dollar jumped against major currencies as the yield on the 10-year Treasury note, which moves inversely to price, rebounded to trade above 4% early in the day. The U.S. benchmark’s yield last week traded as low as 3.783%, or more than the 150 basis points of rate cuts the futures have priced in by next…

cuu