Bond yields are spiking after the latest consumer inflation report, further hobbling Donald Trump’s goal to make life more affordable ahead of a pivotal midterm vote. The yield on the 10-year US Treasury, which influences everything from mortgages to car loans to business loans, saw a sharp spike on Wednesday as investors take in a
There’s a brutal truth lurking beneath the surface of the stock market’s four-year bull run. Since the October 12, 2022 bottom, endless enthusiasm for the AI trade has defined the stock market. It’s also posed uncomfortable questions about just how sustainable a bull rally can be if it’s only being powered by a handful of
A best-case scenario for stocks is quickly fading, BMO says. The bank said that a Goldilocks scenario — an ideal economic setup for stocks where the US economy continues to grow while inflation is subdued — looks less likely due to a confluence of factors that could spark a global slowdown and impact equities. In
The pros said “let the bond market speak.” But investors don’t like what it’s saying on Tuesday. After an unusual intervention by the Treasury Department in August did little to tamp down bond-market jitters, US Treasury yields are spiking again, but the latest sell-off isn’t confined to the US. A host of macroeconomic fears is
