December 22, 2024

How this Treasury-market dynamic could lead to the next big leg lower in stocks

 How this Treasury-market dynamic could lead to the next big leg lower in stocks

How this Treasury-market dynamic could lead to the next big leg lower in stocks

Thursday’s selloff in long-dated U.S. government debt was pushing 10- and 30-year yields further into their highest levels in almost seven to eight months, creating a set-up that threatens to lead to another big selloff in stocks in the days or weeks to come.