Mmastodon BusinessMarkets first seen 17 h ago, last 47 min ago, peak #2
Bond yields top 5% as markets eye Michigan inflation data
Original: Record highs with the 10Y above 5%, then a yield spike and an AI wobble. Today's Michigan inflation expectations could d
US stocks sit near record highs even as 10-year Treasury yields climb above 5%, with a fresh yield spike rattling AI and semiconductor names. Traders are watching the University of Michigan's inflation expectations release, which could set the next direction for bonds, chip stocks and the broader AI trade.
Why now: Investors are reacting to the unusual combination of record equity highs, a 10-year yield above 5%, and a key inflation expectations report due the same day.
10-year TreasuryUniversity of MichiganSMH semiconductor ETF
Rank over time, top of the chart is #1. 28 snapshots from 17 h ago to 47 min ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/1591247