U.S. October inflation came in above expectations, strengthening expectations of further Fed rate hikes and lifting Treasury yields and the dollar. U.S. equities reversed the previous day’s rebound. The two-year Treasury yield rose approximately 18 basis points to 4.73%, while the ten-year yield approached 5%. On Tuesday, the Dow, S&P 500 and Nasdaq fell 0.3%, 0.4% and 0.7%, respectively. Nvidia dropped another 5.5% as the investigation involving Jensen Huang continued to weigh on sentiment, allowing Microsoft to overtake it by market capitalization. The boost from falling oil prices proved short-lived, with inflation pressures and uncertainty in the AI sector dampening risk appetite again. Crypto markets continued to weaken: BTC…