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Rising U.S. Bond Yields Bring Back Wall Street's Sinking Feeling

FYI: For stock investors, the recent spike in bond yields may be prompting some uncomfortable deja vu.

Back in late January and early February, there was a 10 percent correction in the S&P 500, with stock investors spooked as Treasury yield increases intensified with a monthly payrolls report showing the biggest wage gains for workers since 2009.

This time around, strong economic data worried bond investors, who sent the benchmark yield on Tuesday to 3.261 percent, the highest since early May 2011.
Regards,
Ted
https://www.reuters.com/article/usa-stocks-yields/graphic-rising-u-s-bond-yields-bring-back-wall-streets-sinking-feeling-idUSL2N1WO1AC
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