REUTERS/StaffApril 12 (Reuters) - World stocks and bond yields stalled on Wednesday as markets anticipated crucial U.S. inflation data which could give signals on how soon the Federal Reserve will end its aggressive rate hikes.
Markets were in wait-and-see mode ahead of the data, with the pan-European STOXX 600 index inching up 0.3% by 0820 GMT, while Britain's FTSE (.FTSE) was up 0.6%.
Government bond yields were also little moved with benchmark U.S. 10-year Treasury yields unchanged on the day at 3.43%.
"We do not assume that the discrepancy between Fed and market expectations will end today or in the near future," Reichelt said.
With oil prices rising again and labour market cooling only gradually, risk remains tilted for core inflation to remain elevated for longer," they said.