✉news BusinessMarkets first seen 21 h ago, last 21 h ago, peak #29
Stocks hit record highs despite surging bond yields
Original: Investors shrug off a fresh surge in bond yields to push stocks to record highs
Global stock markets pushed to record highs even as bond yields rose sharply, a move that would normally weigh on equities. Business Insider reports investors are shrugging off the yield surge, suggesting confidence in economic growth and corporate earnings is strong enough to keep buyers in the market despite higher borrowing costs.
Why now: Rising bond yields typically pressure stocks, so equities hitting record highs at the same time is striking to market watchers.
bond marketsglobal stock markets
Evidence
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