✉news BusinessMarkets first seen 3 h ago, last 57 min ago, peak #3
Stocks Surge 13% Even as Treasury Yields Hit 5%
Original: The Stock Market Rose 13 Percent as Treasury Yields Hit 5 Percent. The Usual Rules Didn’t Apply
US stock markets rose about 13 percent despite Treasury yields climbing to 5 percent, a level that historically weighs on equities. Analysts are pointing out that the usual inverse relationship between bond yields and stock prices failed to hold, prompting debate over whether the market is being driven by something other than borrowing costs, such as concentrated gains in a handful of large technology stocks.
Why now: The breakdown of the traditional yields-stocks relationship challenges common assumptions about how markets work right now.
Rank over time, top of the chart is #1. 3 snapshots from 3 h ago to 57 min ago.
Evidence
- The Stock Market Rose 13 Percent as Treasury Yields Hit 5 Percent. The Usual Rules Didn’t Apply · inc.com
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