✉news BusinessMarkets first seen 9 h ago, last 47 min ago, peak #3
Stocks Climb 13 Percent Despite Treasury Yields Hitting 5 Percent
Original: The Stock Market Rose 13 Percent as Treasury Yields Hit 5 Percent. The Usual Rules Didn’t Apply
US stock markets rose roughly 13 percent even as Treasury yields reached 5 percent, breaking the traditional inverse relationship between bond yields and equity prices. Analysts are puzzling over why higher borrowing costs failed to weigh on shares, with observers noting the usual rules didn't apply and debating whether the move reflects resilient earnings, expectations of rate cuts, or unusual market dynamics.
Why now: The stock market defied the established relationship between rising bond yields and falling equity prices, prompting debate about what is driving the divergence.
Rank over time, top of the chart is #1. 7 snapshots from 9 h ago to 47 min ago.
Evidence
- The Stock Market Rose 13 Percent as Treasury Yields Hit 5 Percent. The Usual Rules Didn’t Apply · inc.com
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