Federal Reserve policymakers last week pointed to a "tight" job market as a major factor in the inflation worries that might prompt higher interest rates.

Higher rates would traumatize financial sector companies and stocks. Already, higher bond yields have forced up mortgage rates, slowing the housing finance sector.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.