Spiking US bond yields risk a situation similar to one that ousted former British PM Liz Truss, Apollo chief economist says
US Treasury yield surged six basis points on Tuesday to nearly 4.70%, representing its highest level since April 2024.
US stocks fall and dollar climbs after strong data
U.S. stocks gave up earlier gains and the dollar and bond yields climbed on Tuesday after data showed the U.S. economy ...
Nasdaq -1%, S&P slips as hot economic data eats into Fed rate cut bets
U.S. stocks came under pressure on Tuesday, while bonds saw a selloff after stronger-than-expected economic data tempered expectations for further Federal Reserve interest rate cuts. The tech-heavy ...