US Treasury yields remain elevated as markets await key inflation data

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US Treasury yields remain elevated as markets await key inflation data

⚡ Markets: Higher-for-longer bond yields increase borrowing costs for corporations and consumers, pressure equity valuations, and strengthen the US dollar. The upcoming CPI report is the key near-term catalyst for bond and stock markets.US10YSPYQQQDXY

US Treasury yields are holding at high levels, with the 10-year yield threatening to stay above 4.8%, a level analysts warn could cause problems for other asset classes. Markets are focused on upcoming CPI inflation data, which will be critical for the Federal Reserve's next interest rate decision.

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9 sources across the spectrum

West RightZeroHedge — The 10-Year Treasury Yield Over 5%? Some Thoughts

West RightZeroHedge — Key Events This Holiday-Shortened Week: All Eyes On Friday's CPI

Financial pressBloomberg — Gold Holds Decline as Traders Weigh Prospects for Fed Rate Hike

Financial pressWall Street Journal — U.S. Stocks Rise as Waller Comments Weigh on Yields, Ease Rate Fears

Financial pressWall Street Journal — Higher Bond Yields Have a Silver Lining

Google WestGoogle News (US) — White House ups pressure on Kevin Warsh's Fed as Wall Street expects hike

Financial pressCNBC — Treasury yields face 4.8% test as fiscal risks threaten to spill into other assets

Financial pressThe Economist — What are bond markets up to?

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