Yields for the 10-year Treasury shot up Friday to their highest level since 2023, putting pressure on stock valuations.
"I think really the market is saying maybe no rate cuts in 2025, and that the 10-year could very easily break well above 5%," Jeremy Siegel said.
Rising Treasury yields are ratcheting up the anxiety for equity investors. Thursday’s stock-market closure offered only a brief reprieve from the mounting tension.
The last jobs report of 2024 is due this morning. Follow along for live analysis of the December payroll data. Get updates on stocks and other markets, including the Dow Jones Industrial Average, S&P ...
Wall Street’s reaction to the strong December jobs report shows just how much bond yields and interest-rate expectations are driving the stock market these days. The Dow was down 600 points, or 1.4%, ...
While the strong jobs report should be viewed as positive for the economy, it's not good news for the stock market as long as interest rates continue to rise. "With the 10-yr firmly above 4.5% ...
A recent surge in U.S. Treasury yields may gain even more momentum after a strong jobs report reinforced expectations that ...
The unemployment rate also fell to 4.1%. CBS News contributor Javier David explains why investors see the better-than-expected jobs report as a bad thing. I was in the packed hall at Davos to hear ...
Investors might be tempted to characterize Friday's jobs report, and the ensuing stock-market reaction, as another example of the "good news is bad news" dynamic: good news for the economy tends to be ...
Investors are starting 2025 with a conundrum: how to protect against potentially bigger risks while not missing out on a ...
Global stocks fell while U.S. Treasury yields rose on Friday after a stronger-than-expected jobs data reinforced expectations ...
US stocks plunged on Friday after a strong December jobs report dashed investor hopes ... bond yields have historically pulled down stock market valuations, so it would be no surprise for the ...