The Fed cuts rates but Treasury yields are still rising, which could be a worrying trend

Odaily Planet Daily News: T. Rowe Price Capital Markets Strategist Tim Murray said in a report that despite the Fed's rate cuts, U.S. Treasury yields have continued to rise in recent months, which is a worrying trend. Although the 10-year U.S. Treasury yield has partially retreated from its recent peak, the overall trend is still rising. Equally worrying is that the stock market has also felt the pain of high interest rates. The correlation between the U.S. bond market and the stock market has been rising since mid-December last year. (Jinshi)