Reported about 10 hours ago
As the stock market stays near record highs, a significant shift in the bond market reveals increasing worries about the U.S. economy's health. Recent labor market data indicates a weaker job environment, prompting a rally in bonds as investors anticipate Federal Reserve interest rate cuts. The decline in Treasury yields reflects adjustments to expectations of slower economic growth, while consumer spending remains relatively strong, complicating the Fed's balancing act between labor market weaknesses and persistent inflation pressures.
Source: YAHOO