News Formal

Analysis-'Bothersome' rebound in US yields casts shadow on stocks at record highs

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 51 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 34%
  • Publisher: 63%

Bond Yields ニュース

Stocks,Robert Pavlik,Treasury

Treasury yields are on the rise again, presenting a potential obstacle to a U.S. stock rally that has taken major indexes to record highs. The benchmark 10-...

NEW YORK - Treasury yields are on the rise again, presenting a potential obstacle to a U.S. stock rally that has taken major indexes to record highs.

Persistent concerns about the mounting U.S. fiscal deficitand weak Treasury auctions have also kept yields elevated, as an expected deluge of government debt around the world is set to test investors' appetite in June. Higher yields translate to higher borrowing rates for consumers and businesses, which could weigh on the economy and companies' bottom lines.

The rise in bond yields also could limit the valuation stocks are able to reach, Samana said. The S&P 500 was trading at a price-to-earnings ratio of 20.6, based on analysts' profit estimates for the next 12 months, according to LSEG Datastream. That is well above the historic average of 15.7.

Some factors that have driven rates higher, such as a robust U.S. economy, can also support stocks. One demonstration of the economy's strength came as companies reported earnings in recent weeks: S&P 500 earnings were on track to have climbed 8% in the first quarter from a year earlier, according to LSEG IBES.

 

コメントありがとうございます。コメントは審査後に公開されます。
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 47. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Stock market today: Dow leads stock market slide as rising Treasury yields rattle nervesA spike in Treasury yields has unsettled investors already weighing whether recent data will shift the needle on interest rates.
ソース: YahooFinanceCA - 🏆 47. / 63 続きを読む »

Stock market today: US futures sink as rising Treasury yields rattle nervesA spike in Treasury yields has unsettled investors already weighing whether recent data will shift the needle on interest rates.
ソース: YahooFinanceCA - 🏆 47. / 63 続きを読む »