Mmastodon BusinessMarkets first seen 21 h ago, last 16 h ago, peak #7
US Treasury Yields Hit 24-Year Highs on Inflation and Fiscal Worry
Original: 🟠 UPDATE US Treasury Yields Hit 24-Year Highs Amid Inflation and Fiscal Concerns US yields hit two-decade highs for a se
US Treasury yields have reached their highest levels in roughly 24 years, rising for a seventh straight session as investors weigh persistent inflation and concerns over the government's fiscal position. The bond market has just recorded its worst quarter since 1994, though a drop in oil prices helped steady trading. Rising yields raise borrowing costs across the economy and are feeding worries about pressure on stocks, mortgages and government finances.
Why now: Bond yields at multi-decade highs signal rising borrowing costs and market stress, affecting investors and economies worldwide.
Rank over time, top of the chart is #1. 4 snapshots from 21 h ago to 16 h ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/619802