Treasury Yields Rise as Stocks and Crypto Rally in Unexpected Market Moves
Key Points
- Despite a surge in Treasury yields to 4.51%, the financial m...
Looks like someone forgot to tell the markets they're supposed to panic when Treasury yields jump! While the usual financial playbook suggests running for the hills when yields surge, today's traders apparently decided to throw that manual right out the window.
Banks Having Their Cake and Eating It Too
The 10-year Treasury yields leaped a whopping 12 basis points to 4.51% on June 6, 2025, but instead of doom and gloom, we got a financial sector party. The NYSE Financial Index strutted up 1.1%, while the Financial Select Sector SPDR Fund climbed 1.3%. Deutsche Bank's joining the stablecoin ...
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