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Stocks Defy Surging Bond Yields as History Looms
Original: Stocks Are Defying Surging Bond Yields. Here’s What History Says Could Come Next.
Stocks continue to climb even as bond yields surge, a divergence that has caught the attention of market watchers. The Wall Street Journal examines historical episodes when equities pushed higher despite rising yields, warning that such disconnects have often resolved with stocks eventually correcting as borrowing costs weighed on valuations and economic growth.
Why now: Investors are weighing whether the stock-bond divergence signals resilience or an impending correction.
Wall Street JournalUS stock marketbond market
Evidence
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