Surge US Bond Yields Crushing Tech Stocks ?
@JC888:
Interest rates on government bonds are rising again, making borrowings more expensive for consumers and businesses. It also heightens concerns about whether governments are issuing more debt than financial markets can handle? Rising bond yields are one of the few forces in the world strong enough to get politicians to snap to attention. They can also have a big impact on US citizens’ personal finances and on the broader US economy. The bond market can dictate (a) how much ordinary people have to pay on their mortgages and car loans, as well as (b) how much consumers earn from their savings accounts and 401(k) plans (that is equivalent to Singapore's CPF Investment Scheme (CPFIS). Gradual bubble up of Treasury yields. With fig
