WS #14991

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Global bond yields have surged to 4% as core CPI data came in above expectations, reinforcing the narrative that inflation remains sticky. This macro environment pressures growth stocks and REITs while benefiting financials and value sectors. The yield spike complicates the Fed's path forward, limiting monetary easing options and keeping borrowing costs high for corporations and consumers.

Inflation and Bond Yields

Global bond yields have surged to 4% as core CPI data came in above expectations, reinforcing the narrative that inflation remains sticky. This macro environment pressures growth stocks and REITs while benefiting financials and value sectors. The yield spike complicates the Fed's path forward, limiting monetary easing options and keeping borrowing costs high for corporations and consumers.

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