(Reuters) The U.S. stock market has so far digested a surge in Treasury yields, but some investors are worried that a continued ascent could prove more problematic. The yield on the benchmark 10-year Treasury note , which rises when bond prices fall, climbed to a one year high of 1.36% this week, fueled by expectations that progress in the countrywide vaccination program and further fiscal stimulus would further spur economic growth.
Rising U.S. bond yields pose new threat to sky-high stocks
This entry was posted in Syndicated. Bookmark the permalink.
