The STI lost 36 points or 1.1% at 3,383.28 Strong signals from the US Fed of faster-than-expected tightening were responsible Those signals came from comments by Fed governors and the minutes of the March FOMC meeting Nasdaq worst hit due to spike up in 10-year Treasury yield Singapore’s March PMI was the lowest since Aug 2020 SGX queried Yoma and Sembcorp Industries over unusual price movements Frasers Hospitality up on privatisation talk; EC World Reit down on loan refinancing concerns The Straits Times Index lost its grip on 3,400 The Straits Times Index came under pressure last week partly because of the ongoing Ukraine-Russia conflict and partly because of hawkish comments by US Federal Reserve governor Lael Brainard on Tuesday that sent Wall Street prices plunging on Tuesday an