A television screen on the floor of the New York Stock Exchange, Wednesday, March 16, 2022, shows the rate decision of the Federal Reserve. The Fed’s quarter-point hike in its key rate, which it had pinned near zero since the pandemic recession struck two years ago, marks the start of its effort to curb the high inflation that has followed the recovery from the recession. (AP Photo/Richard Drew)
STAN CHOE AP Business Writer NEW YORK (AP) — Bonds are supposed to be the safe part of any nest egg, but they’re getting brutalized.…
