Wall Street Tries to Live With 5% Yields as Market Cracks Grow
Wall Street has spent weeks trying to make peace with the great bond selloff. Friday offered some short-lived relief along with a warning about the damage from stubbornly high yields across investment strategies.
Original · Bloomberg AI summary of public reporting
Why: Bond selloff pushes yields to 5%
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Prices since publication
At publication → Currentpara:10Y— → ——
para:30Y— → ——
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SP5007,723 → 7,812+1.2%
TLT77.62 → 77.96+0.4%