Hot inflation report, rising Treasury yields warn the market’s bull run could be in trouble. Here’s how to read it. - MarketWatch

1. January CPI shows strong inflation, raising Fed rate concerns. 2. Traders reduced expectations for Fed rate cuts this year significantly. 3. 10-year Treasury yield rose to 4.64%, pressuring borrowing costs. 4. Historical patterns show Q1 post-election could be weak for stocks. 5. Consumer inflation expectations are rising, complicating Fed's inflation efforts.