Mmastodon BusinessMarkets first seen 23 h ago, last 1 h ago, peak #1
US stocks set to extend pullback as yields climb
Original: 1 BMO: U.S. #equities look set to extend their pullback from record highs, with #futures down this morning, while the #1
BMO says US equities look set to extend their pullback from record highs, with stock futures down in morning trading. At the same time, the yield on the 10-year Treasury climbed to 5.34%, a level drawing attention across bond and stock markets. Traders are weighing whether rising borrowing costs will deepen the equity retreat.
Why now: Rising 10-year Treasury yields near 5.34% are pressuring stocks just as they pull back from record highs, prompting concern among investors.
BMOUS equities10-year Treasurystock futures
Rank over time, top of the chart is #1. 22 snapshots from 23 h ago to 1 h ago.
Evidence
- 1 BMO: U.S. #equities look set to extend their pullback from record highs, with #futures down this morning, while the #10-year #Treasury #yield climbed to 5.34%. 🧵 #markets #stocks #bonds · dbcurren.bsky.social@bsky.brid.gy · 6
API: https://socialmediatrends-api.osmike.com/v1/trends/1484701