Stocks rally and Treasuries slip as the reflation trade gets a boost from higher than expected inflation. Eric Platt, US capital markets correspondent, reports. Traders are now betting that the Fed will raise interest rates in May.
► Subscribe to FT.com here: http://on.ft.com/2eZZoLI
► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs
For more video content from the Financial Times, visit http://www.FT.com/video