The convolutions that the Treasury market sent stocks into over the past couple of weeks are something that investors should probably get used to.and another round of government relief looking likely, expectations have been ratcheting higher for how quickly the economy will grow this year. At the start of January, economists polled by IHS Markit forecast gross domestic product would be up 4% in the fourth quarter of 2021 from a year earlier; now that figure stands at 5.5%.
As a result, even relatively modest moves upward in Treasury yields, and therefore the relative attractiveness of bonds to stocks, can cause market spasms. This is particularly true of theSo long as rising Treasury yields are driven by an improving outlook for the economy, the stock market may be able to absorb higher long-term rates. But that doesn’t mean the process will be smooth.
AaronBack Just more market manipulation by the ones making all the money.
AaronBack Not true, consumer confidence in 2018 was strong .interest rates did not increase . Never under estimate consumer confidence.
AaronBack Recently my friend's baby was diagnosed with acute lymphocytic leukemia & needs a stem cell transplant. Jason & his wife are first-time parents caring for a sick baby & could use some help. If you are in a place to donate or share, it would be appreciated.
AaronBack 😳Once again Cold Japan don t approved economic relief for your struggle citizens
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.