✉news BusinessEconomy first seen 18 h ago, last 49 min ago, peak #7
Consumers keep spending despite higher bond yields
Original: Defying higher bond yields: Consumers keep spending and the economy keeps booming
US consumers continue spending at a robust pace even as bond yields rise, defying expectations that higher borrowing costs would cool the economy. Yahoo Finance highlights that resilient household demand is keeping growth strong, prompting debate among economists over how long spending can hold up against tighter financial conditions and elevated interest rates.
Why now: The economy's resilience despite rising borrowing costs is surprising forecasters and fueling debate about inflation and interest rates.
US economyYahoo Financeconsumersbond market
Rank over time, top of the chart is #1. 14 snapshots from 18 h ago to 49 min ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/2512