MikeTrendsTrends right now

Mmastodon BusinessMarkets first seen 5 h ago, last 5 h ago, peak #10

30-Year Treasury Yields Hit Highest Level Since 2002

Original: 🟠 UPDATE 30-Year U.S. Treasury Bond Yields Reach Highest Level Since 2002 Stocks slipped on Wall Street with the S&P 500

The yield on the 30-year U.S. Treasury bond has reached its highest level since 2002, putting pressure on equity markets. Wall Street slipped in response, with the S&P 500 falling 0.3% and the Dow Jones Industrial Average dropping 295 points. Investors are watching rising long-term borrowing costs, which raise concerns about government debt, inflation and the outlook for stocks and the wider economy.

Why now: Rising long-term U.S. borrowing costs are rattling investors and pulling stock markets lower right now.

U.S. TreasuryS&P 500Dow Jones Industrial AverageWall Street

Open on mastodon →

Evidence

API: https://socialmediatrends-api.osmike.com/v1/trends/383931