Mmastodon BusinessMarkets first seen 3 h ago, last 2 h ago, peak #10
US and European Stocks Fall as Bond Yields Surge
Original: 🟠 UPDATE US and European Stocks Decline Amid Rising Bond Yields The 30-year bond yield reached a 24-year high, continuin
Stock markets in the United States and Europe declined as bond yields continued climbing, with the 30-year Treasury yield hitting a 24-year high. The selloff persisted despite falling oil prices and a dovish speech from a Federal Reserve official, deepening concerns about borrowing costs and their impact on equities.
Why now: A 24-year high in long-term bond yields is rattling equity investors right now.
Federal ReserveUS stock marketEuropean stock market
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/412514