Falling Yields Boost Stock Rally
Falling Treasury yields likely contributed to the afternoon bounce in the stock market.
Too little corroboration in the last 3 days to call a trend (10 articles). Watching for it to gain traction.
Mainstream financial press is carrying this — attention has broadened beyond specialist outlets.
"S&P 500, Nasdaq Rise On Treasury Move"
"Wall Street also got some support from easing yields in the bond market. Treasury yields fell after a report showed that U.S. consumers paid prices for gasoline, groceries and other costs of living last month that were 3.4% higher than a year earlier."
"A benign CPI report would strengthen the case for the Fed to stay on hold, pushing Treasury yields lower and equities higher."
"The 10-year yield has a long history of drifting lower between late July and early September as trading volumes decline and many market participants reduce risk ahead of the fall. While this pattern is not guaranteed to repeat every year, it is a tendency that fixed-income traders and hedgers monitor closely."
"US Treasury yields also continued to fall, providing further support to equities."
"The Treasury yields fell, easing pressure on oil prices, roughly a week after they took a respite for stocks since the slow summer."
"The Treasury bond fell from highs as prices receded late morning, ticking yields lower."
"They benefited from easing pressure from the bond market, where Treasury yields sank again. The yield on the 10-year Treasury fell to 4.31% from 4.35% late Monday and from 4.44% at the end of last week."
"The 10-year Treasury yield dropped below 4.33%, down from around 4.44% last week. Lower yields reduce borrowing costs and increase the attractiveness of stocks."
"The 10-year Treasury yield dropped below 4.33%, down from around 4.44% last week. Lower yields reduce borrowing costs and increase the attractiveness of stocks."