Bond market drives US stock markets to the brink - yields at all-time high
Read how the rise in interest rates in the bond market is slowing the recovery on the US stock markets. Find out what impact this has on returns. #Bond market #Interest rates #USA stock markets

Bond market drives US stock markets to the brink - yields at all-time high
The stock markets in the USA had difficulty recovering from a weak start to the week on Tuesday. The bond market continued to record an unbridled rise in yields. US 10-year yields hit their highest level since November last year, rising 4.7 percent in the morning. Investors are increasingly reducing their expectations of possible interest rate cuts by the US Federal Reserve.
The leading index Dow Jones Industrial rose by 0.24 percent to 37,825 points in early trading, with the majority of the increase being attributable to Unitedhealth's share price gains. The health insurer's shares rose by a good 6 percent after surprisingly good quarterly figures.
The broad S&P 500 fell 0.29 percent to 5,047 points, while the technology-heavy Nasdaq 100 fell 0.26 percent to 17,665 points. The ongoing development on the bond market and the associated expectation of falling interest rates influenced the development on the stock exchanges in the USA.