✉news BusinessMarkets first seen 13 h ago, last 3 h ago, peak #3
Stocks Climb 13% Despite Treasury Yields Hitting 5%
Original: The Stock Market Rose 13 Percent as Treasury Yields Hit 5 Percent. The Usual Rules Didn’t Apply
US stock markets have defied conventional market logic, gaining roughly 13 percent even as Treasury yields climbed to 5 percent, a level that historically pressures equities. Commentators are highlighting the anomaly, noting that the usual inverse relationship between bond yields and stock prices failed to hold this year, prompting debate about what is driving the rally.
Why now: Investors and analysts are puzzled by stocks rising strongly despite high bond yields that normally drag equities down.
Rank over time, top of the chart is #1. 8 snapshots from 13 h ago to 3 h 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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