While Tuesday's focus was on the tariff-related inflation hit to Treasuries, it's been a rough week for government bonds everywhere - especially in Japan as long-term yields there hit new highs this week ahead of the July 20 upper house election and related fiscal policy worries.

A look at some of today's top trending headlines including the latest updates on the Epstein files, U.S. inflations and much more.

Competition between air carriers has kept airfares at historically low levels, and has also led to better access to air travel for all Americans.

UK inflation unexpectedly rose to its highest level since January 2024 as food prices jumped, keeping some pressure on the Bank of England as it looks to continue dialing down interest rates.

The Indian rupee fell on Wednesday as the latest U.S. inflation report showed that tariffs were beginning to feed into prices, weakening bets on rate cuts by the Federal Reserve, which lifted U.S. Treasury yields and the dollar.

Stock futures were falling early Wednesday as inflation fears kept markets under pressure despite cooler-than-expected consumer price index data and strong bank earnings. There will be more of both this morning as Goldman Sachs,