A.M. Edition for Jan. 13. WSJ editor Alex Frangos explains why government-bond yields are surging around the world, and how this makes corporate earnings growth even more critical. Plus, resurgent winds in Los Angeles pose fresh challenges for firefighters. And WSJ autos reporter Christopher Otts tells us about his visit to one of the EV “battery belt” towns whose fortunes could turn if Donald Trump pulls federal funding. Kate Bullivant hosts.

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