(Reuters) - NEW YORK, June 10 - U.S. stocks could move higher
this week after a bond market rout led investors to wonder if
the threat of inflation was on the horizon or if the economy
was actually stronger than expected, and good for stocks.
Major stock market gauges recovered on Friday after a bond
sell-off pushed the benchmark 10-year U.S. Treasury note's
yield up to 5.25 percent -- matching the fed funds rate target
at one point -- from levels below 5 percent a week earlier.
That jump in government bond yields rattled investors who,
skittish about a bull market that has lasted longer than most,
worry that rising capital costs will cut corporate profits.
Read more at Reuters.com Bonds News
this week after a bond market rout led investors to wonder if
the threat of inflation was on the horizon or if the economy
was actually stronger than expected, and good for stocks.
Major stock market gauges recovered on Friday after a bond
sell-off pushed the benchmark 10-year U.S. Treasury note's
yield up to 5.25 percent -- matching the fed funds rate target
at one point -- from levels below 5 percent a week earlier.
That jump in government bond yields rattled investors who,
skittish about a bull market that has lasted longer than most,
worry that rising capital costs will cut corporate profits.
Read more at Reuters.com Bonds News
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