Bond Market on Edge: Treasury Yields Spike, 30-Year to 5.03%, Mortgage Rates to 6.52%, as Gulf War Reheats

US bond yields have crept above a dangerous level that could signal weakness for stocks

Michael M. Santiago/Getty ImagesThe bond market is warning that interest rates could stay higher for longer.The yield on the 30-year US Treasury was above 5% on Tuesday as rate-hike expectations grew.Investors are worried hot inflation will cause the Fed to pause rate cuts, which could hurt stocks.The bond market is sending a new warning to investors: don't expect any rate cuts soon.That was evident in the move in Treasury yields this week, whic…

Bond Market on Edge: Treasury Yields Spike, 30-Year to 5.03%, Mortgage Rates to 6.52%, as Gulf War Reheats

Which raises a question: How many more Fed rate cuts would it take in this inflationary era to drive the 30-year Treasury yield to 6%?

Mideast Conflict Prompts Market Reassessment

The sudden resumption of hostilities in the Middle East is prompting a critical re-evaluation of market assumptions. While the artificial intelligence revolution drives robust valuations based on long-term growth expectations, other significant factors like rising inflation and geopolitical risks are often dismissed as temporary. This divergence is being tested by the ongoing conflict, which recently saw Brent crude prices surge to US$114.44, up…

Mortgage Rates Back Above 6.50% as Oil Worries Mount

And just like that, mortgage rates are back above 6.50% and could be heading even higher. I’ve been warning folks for a couple weeks now that the worst may not have been behind us. Between seasonal factors and the ongoing conflict in the Middle East, upward pressure on rates was to be expected. But they… Read More »Mortgage Rates Back Above 6.50% as Oil Worries Mount The post Mortgage Rates Back Above 6.50% as Oil Worries Mount appeared first on…