US Stocks, Bond Yields Hit Records Amid Inflation Fears
The yield on 10-year U.S. Treasurys reached a fresh 24-year high, while the Nasdaq composite closed at a new record. This divergence highlights market resilience despite rising yields, suggesting investors are weighing inflation concerns differently across asset classes.
Bond yields continued to move higher, and that has not stopped stocks from advancing as well. S. Treasurys reached a new 24-year high on Monday, while the Nasdaq Composite set a new record closing level. It was another illustration of stocks and bond yields moving in opposite directions.