News Formal

Surging Treasury yields upend stock market's 'bond proxies'

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 53%

Nederland Nieuws Nieuws

Nederland Laatste Nieuws,Nederland Headlines

Surging Treasury yields upend stock market's 'bond proxies'

© Reuters. FILE PHOTO: A Wall St. street sign is seen near the New York Stock Exchange in New York City, U.S., September 17, 2019. REUTERS/Brendan McDermid/File Photo

While rising yields are generally seen as unfavorable to growth stocks, some of the steepest losses have been concentrated in more staid sectors such as utilities and consumer staples. But surging bond yields have dulled the appeal of bond proxies. Investors can now earn higher yields on government debt seen as virtually risk free if held to term. The yield on a six-month Treasury now stands at around 5.6%, while the utilities sector was yielding 4% and staples yielded 3%, according to LSEG data.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 450. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Stock Market Today: Dow snaps losing streak as Treasury yield storm calmsStock Market Today: Dow snaps losing streak as Treasury yield storm calms
Bron: Investingcom - 🏆 450. / 53 Lees verder »