30-Year Treasury Yields Reach Highest Level Since 2007
Yields on 30-year U.S. Treasury bonds reached their highest level since 2007. Equity markets remained near record highs despite the move in yields.
marketwatch.comU.S. Treasury bonds reached their highest level since 2007. The increase in long-term borrowing costs occurred as investors assessed the outlook for inflation and economic growth.
Stock indexes stayed close to record levels even as bond yields rose. Market participants continued to price in expectations for corporate earnings and economic data releases.
The Reuters Morning Bid podcast discussed the divergence between bond yields and equity prices.
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