US bonds are sending a loud signal. The 20-year Treasury yield rose to 5.735%, the 30-year to nearly 5.7%, and the 10-year reached 5.34%, each at levels not seen in roughly 24 years. Long-term yields have climbed more than 100 bps since early March as inflation, swelling debt and geopolitical risks lift borrowing costs. The S&P 500 remains near record highs, buoyed by the AI trade, yet cracks are appearing: mortgage rates are rising, housing activity is weakening and credit spreads are starting to widen. Stocks are holding up for now, but if yields stay this high, pressure will eventually spread to growth, earnings and valuations.
#Stocks #Finance #MarketUpdate #BreakingNews
by @oraclecryptox
