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Defying higher bond yields: Consumers keep spending and the economy keeps booming

By Info60 US Desk•Summary of reporting by Yahoo Finance•4d ago•0 views•

While analysts and economists have pointed to sticky inflation juiced by higher oil prices, demand for AI companies' bonds, and a record $40 trillion federal debt, a debate has emerged about how much of the rise in yields is being driven by a strengthening economy.

Higher bond yields, tariffs, and a spike in energy prices haven't been enough to slow the economy down. This week, the yield on the 10-year Treasury bond — which influences mortgage rates and other borrowing costs — rose to 5.2%, marking its highest ... [7638 chars]

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