Bond Market Flashes a Rare Warning Signal: What History Says Happens to Stocks Next
Higher yields on Treasury bonds could be a warning signal -- or a healthy sign.
Overview
The 30-year Treasury bond yield is one of the most important measures of U.S. government borrowing costs, and ultimately the cost of money. And that cost seems to be going up.
The 30-year Treasury yield recently rose above 5.2%. That's a level it hasn't reached since 2007. The last time bond yields reached this high, stock market crashes followed. The highest 30-year Treasury yields this century were in 2000, right before the dot-com crash.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.