US bond yields have crept above a dangerous level that could signal weakness for stocks
Orientul Mijlociu
The bond market is sending a new warning to investors: don't expect any rate cuts soon. That was evident in the move in Treasury yields this week, which crept higher as markets weighed upside risks to inflation from the Iran war and raised their expectations that the Federal Reserve will keep interest rates higher for longer. The 30-year US Treasury yield , a measure of long-term rate expectations, was hovering just above 5% on Tuesday. It marked the first time the 30-year yield had surpassed
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