U.S. stocks ended lower on Thursday. U.S. bond yields resumed their upward move, putting pressure on stock indexes. U.S. CPI inflation data in September was higher than expected, raising concerns that the Federal Reserve may need to raise interest rates again this year and maintain high interest rate policies for a longer period of time. Inflation data will leave the Fed open to another rate hike, although there's no denying that markets may ultimately have the job of tightening money done for them. Rising U.S. bond yields have weakened the need for further interest rate hikes. The latest market trends in the U.S. federal funds interest rate swap market show that the probability of the Federal Reserve raising interest rates by 25 basis points in November has dropped below 10%.