US stock market pushes 10-year yields up 100bps despite Fed rate cuts

The U.S. stock market seems determined to defy the Federal Reserve. While the Fed has cut interest rates by a total of 100 basis points since September, the yield on the 10-year Treasury note skyrocketed by the exact same amount. Yields now sit at 4.60%, up from 3.60%, defying the Fed’s efforts and leaving analysts […] source: https://www.cryptopolitan.com/stock-market-push-10-year-yield-100bps-fed/