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Mmastodon BusinessMarkets first seen 19 h ago, last 1 h ago, peak #2

Stocks climb as Treasury yields pull back from highs

Original: Equities turn higher as Treasury yields drop from highs - #stocks #markets www.reuters.com/business/dow... Equities turn

US equities moved higher on Monday after Treasury yields retreated from recent peaks, easing pressure that had weighed on share prices. Reuters reported the turnaround on Wall Street, with investors watching bond markets closely for signs of where borrowing costs and rate expectations are headed next.

Why now: Falling Treasury yields reduce pressure on stocks, so traders are reacting to the shift in bond markets.

US Treasury marketWall StreetReuters

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