By Lewis Krauskopf NEW YORK (Reuters) - As inflation worries ease, U.S. stocks may need a fresh source of fuel to propel further gains this year, inve.
Rising U.S. bond yields are unnerving investors and worsening stocks turbulence as markets confront a pileup of unwelcome news, from last week's downgrade of the U.S. credit rating to revived worries over regional banks. Surging yields contributed to last year’s plunge in equities, when the Federal Reserve hiked interest rates to fight soaring inflation. This year, it’s largely been a different story, with bond yields rising on better-than-expected economic data.
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Rising U.S. bond yields are
unnerving investors and worsening stocks turbulence as markets
confront a pileup of unwelcome news, from last week s downgrade
of the U.S. credit rating to revived worries.