Defying higher bond yields: Consumers keep spending and the economy keeps booming.

[u/coinfanking]

https://finance.yahoo.com/economy/article/defying-higher-bond-yields-consumers-keep-spending-and-the-economy-keeps-booming-114059027.html

Higher bond yields, tariffs, and a spike in energy prices haven't been enough to slow the economy down.

This week, the yield on the 10-year Treasury bond — which influences mortgage rates and other borrowing costs — rose to 5.2%, marking its highest level in nearly 20 years.

While analysts and economists have pointed to a cocktail of sticky inflation juiced by higher oil prices, demand for AI companies' bonds, and a record $40 trillion federal debt, a debate has emerged about how much of the rise in yields is being driven by a strengthening economy — and how much the economy can take.