Stock market warning amid rising US Treasury yields and increasing debt
- 1The S&P 500 has recorded a 14% increase since the beginning of the year.
- 2Global investors are selling US Treasuries in response to deficit spending, pushing 10-year Treasury yields up to 5.2%.
- 3Pimco believes yields could rise to 6% by the end of the year due to high spending and inflation.
So what's the key point?
US Treasury yields have risen to 5.2% as the US government spends heavily. Experts believe this figure could rise further to 6% by the end of the year.
Source The Motley Fool +1 · View original ↗
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