Barrons.com Bond yields rise, causing stocks to rise. As bond yields increased and investors awaited second-quarter profit reports, U.S. stocks were modestly higher. The founder of Sevens Report Research writes, “How the bond market moves in the coming weeks will likely continue to be one of the key drivers of stocks.” After the yield dipped last week on fears of slower economic growth, a rising yield suggests investors are raising their inflation and economic expectations./n
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