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US stocks rebound as Treasury yields ease from highs
Original: 🟠 UPDATE US Stocks Rebound as Treasury Yields Ease The benchmark 10-year Treasury note yield reached a 24-year high befo
US stocks rebounded after the benchmark 10-year Treasury yield hit a 24-year high before easing back to roughly 5.24 percent. The retreat in borrowing costs gave equities room to recover, with investors watching whether yields stabilise after a sharp climb that has weighed on markets.
Why now: Treasury yields hitting multi-decade highs have been pressuring equities, so any pullback moves markets.
US stock market10-year Treasury note
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/677148