Markets

Treasury Yields Hit Four-Year High as Losses Mount

Treasury Yields Hit Four-Year High as Losses Mount

(New York)

The market did something that seems quite odd yesterday. Despite inflation coming out ahead of expectations and Treasury bonds commensurately selling off, stocks rose strongly. It was the first time the two asset classes had moved in significantly opposite directions in some time. Yields on the ten-year bond extended their four-year high to 2.92%, seven basis points higher than in the previous session.

FINSUM : We have been saying for the last couple of weeks that investors would realize inflation wasn't necessarily bad for stocks. The market seems to have woken up to that reality.

  • Treasuries
  • yields
  • inflation
  • stocks
  • bonds

    The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


    The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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