✉news BusinessEconomy first seen 19 h ago, last 2 h 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 strong pace even as bond yields climb, keeping economic growth robust, according to Yahoo Finance commentary. The resilience defies expectations that higher borrowing costs would cool household demand, raising questions about how long the boom can last and what it means for inflation and interest rate policy.
Why now: Strong consumer spending despite rising yields challenges expectations of an economic slowdown
Yahoo FinanceUS consumersFederal Reserve
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/2512