Rising bond yields in keen focus

The U.S. Treasury bond and note futures markets have recently hit contract lows, while the cash Treasury markets have seen the key 10-year note yield rise to a one-year high. Rising bond yields have spooked the stock market bulls and have reignited fears of problematic price inflation. Many market watchers look for inflation to continue to up-tick in the coming months as major economies are set to spring out of the pandemic in strong fashion. Stay tuned!– Jim