Newsig · Forex News
Chart of the day: Treasury yields push to multi-decade highs despite fading Fed hike bets
The bond market continues to remain a headache for investors, as long-end Treasury yields are threatening to break higher again this week.The softer US jobs report on Friday last week was exactly the kind of data that should have taken some pressure off rates. Non-farm payrolls rose by just 29k
Why it matters
TLT (20+ Year Treasury) · Why linked: Long-end Treasury yields pushing to multi-decade highs directly pressure long-duration bond prices. Market context: Rising yields weigh on TLT, with prices vulnerable to further downside if yields break higher.
SPY (SPDR S&P 500 ETF) · Why linked: Higher long-end yields increase discount rates and pressure equity valuations broadly. Market context: Multi-decade high yields can act as a headwind for equity multiples, particularly growth stocks.
How TLT, SPY usually react
This story is too recent for its own reaction record — we score each asset against the actual price move 24h after publication. These are the long-run figures across every event we have tracked for them.
| Asset | Events | Avg max move | Closed lower |
|---|---|---|---|
| TLT | 18 | +0.72% | 61% |
| SPY | 18 | +0.72% | 61% |
Curated by Newsig — News in. Signal out.
How the reaction data is measured · Editorial policy