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Wall Street boom faces test from surging bond yields

Original: Wall Street is booming. Surging yields could shake things up

US stock markets have been rallying strongly, but the rise in Treasury yields is drawing attention as a potential threat to the rally. Higher yields raise borrowing costs and can lure investors away from equities, and commentators warn the boom on Wall Street could be shaken if the surge continues. Investors are watching bond moves closely for signs of a turn in sentiment.

Why now: Rising Treasury yields are challenging an otherwise strong stock market rally, raising questions about whether gains can last.

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• Wall Street is booming. Surging yields could shake things up · CNN

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