Mmastodon BusinessMarkets first seen 5 d ago, last 2 d ago, peak #2
Bond yields top 5% as markets eye Michigan inflation data
Original: Record highs with the 10Y above 5%, then a yield spike and an AI wobble. Today's Michigan inflation expectations could d
US 10-year Treasury yields have pushed above 5% even as stocks hit record highs, followed by a yield spike and a wobble in AI-related chip shares. Traders are focused on the University of Michigan's inflation expectations survey, which could determine the next move for bonds and semiconductor stocks.
Why now: Markets are at a sensitive point with yields above 5% and key inflation data due today.
US 10-year TreasuryUniversity of Michigansemiconductor stockseToro
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/1591247