70FINANCE
⚡ Markets: Higher yields increase borrowing costs and discount future earnings, putting pressure on equities (especially growth stocks), real estate, and weighing on bond prices. Strengthens the US dollar.US 10Y TreasuryNASDAQ 100DXYSPX
US Treasury yields climbed following robust August jobs data, which increased bets on further Federal Reserve rate hikes to combat inflation. Analysts are watching the 10-year yield's 4.8% level, suggesting a sustained move above it could trigger significant stress in other asset classes like equities.
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