Mmastodon BusinessMarkets first seen 11 h ago, last 4 h ago, peak #9
US Economy Keeps Expanding Despite High Bond Yields
Original: ⚡ NEWS U.S. Economy Defies High Bond Yields Amid Surge in Spending The U.S. economy continues to expand despite borrowin
The U.S. economy continues to grow even as bond yields climb toward 5%, defying expectations that high borrowing costs would slow activity. Consumer spending and business activity are surging, breaking the usual link between rising yields and economic slowdown, and prompting debate about whether the economy can keep defying these pressures.
Why now: Markets are surprised that strong consumer and business activity persists despite borrowing costs near 5%.
United StatesUS bond marketUS consumers
Rank over time, top of the chart is #1. 6 snapshots from 11 h ago to 4 h ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/25695