✉news BusinessMarkets first seen 12 h ago, last 1 h ago, peak #3
Stocks Defy Surging Bond Yields, but History Warns
Original: Stocks Are Defying Surging Bond Yields. Here’s What History Says Could Come Next.
US stocks have continued climbing even as bond yields surge, a divergence that has caught investors' attention. The Wall Street Journal examined past episodes of rising yields alongside strong equity markets, finding that such periods often end badly, with stocks eventually correcting as borrowing costs weigh on valuations and economic growth.
Why now: Rising bond yields are raising fears that the stock market rally may not last.
Wall Street JournalUS stock marketbond market
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Evidence
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