✉news BusinessEconomy first seen 12 h ago, last 22 min ago, peak #7
Consumers Keep Spending Despite Higher Bond Yields
Original: Defying higher bond yields: Consumers keep spending and the economy keeps booming
US consumers continue to spend freely even as bond yields climb, keeping economic growth surprisingly strong. The resilience defies expectations that higher borrowing costs would cool household demand, raising questions about how long the momentum can last and what it means for interest rate policy.
Why now: The economy's strength despite rising borrowing costs is surprising analysts and markets.
US consumersFederal ReserveYahoo Finance
Rank over time, top of the chart is #1. 9 snapshots from 11 h ago to 22 min ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/2512