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US Treasury Yields Hit 24-Year Highs on Inflation and Fiscal Worries
Original: 🟠 UPDATE US Treasury Yields Hit 24-Year Highs Amid Inflation and Fiscal Concerns Stock futures were mixed as fourth-quar
US Treasury yields climbed to 24-year highs as inflation pressures and concerns over the federal fiscal position intensified. Stock futures were mixed at the start of fourth-quarter and October trading, with rising yields and higher oil prices weighing on Dow Jones futures, adding to investor caution about borrowing costs and market conditions heading into the final months of the year.
Why now: Rising long-term borrowing costs directly affect equities, mortgages and the broader economy, making the yield surge a major worry for investors at the start of a new quarter.
US TreasuryDow Jones Industrial Average
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/626805