scorecardresearchGlobal Markets Wrap: Stocks Rise as Higher Yields Keep Check on Rally

Global Markets Wrap: Stocks Rise as Higher Yields Keep Check on Rally

Updated: 07 Jun 2022, 07:41 AM IST
TL;DR.
The push and pull between bond yields and equities continued Monday, with stock gains kept in check by a drop in Treasuries that pushed a swath of rates above 3%.
The Nasdaq MarketSite in the Times Square neighborhood of New York, U.S., on Tuesday, May 31, 2022. The S&P 500�defied�bear market status just over a week ago and is set to finish May roughly where it started. Photographer: Michael Nagle/Bloomberg

The Nasdaq MarketSite in the Times Square neighborhood of New York, U.S., on Tuesday, May 31, 2022. The S&P 500�defied�bear market status just over a week ago and is set to finish May roughly where it started. Photographer: Michael Nagle/Bloomberg