Treasury yields (^TYX, ^TNX, ^FVX) have been marching higher and higher — especially the ten-year which crossed over 4.75% after this morning's jobs report for December — with many on Wall Street forecasting bonds to reach as high as 5%.
Yahoo Finance host Julie Hyman joins Wealth to break down what exactly is happening in the bond market lately, noting the precious dynamics between inflation, the Federal Reserve's interest rate policies, deficits, and risk premiums.
Interactive Brokers chief strategist Steve Sosnick joined Yahoo Finance this morning to react to the December jobs data, commenting on whether bond yields could be weighing on equities (^DJI, ^IXIC, ^GSPC).
To watch more expert insights and analysis on the latest market action, check out more Wealth here.
This post was written by Luke Carberry Mogan.
