Reported about 11 hours ago
A strong jobs report for December, showing 256,000 new jobs and a declining unemployment rate, has sparked concerns in the markets that U.S. Treasury yields could hit 5%. Such a spike would affect stock prices and overall market stability, as higher interest rates are expected to continue, potentially leading to a shift in asset allocation. Analysts now foresee the Federal Reserve holding rates steady until at least June, with rising inflation remaining a significant worry.
Source: YAHOO