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Lisa Abramowicz, journalist and co-host on Bloomberg TV/Radio at Bloomberg, reports that average yields on long-dated government bonds have climbed to their highest levels since 2008.
According to comments highlighted from Apollo's Torsten Slok, the final stage of lowering inflation is especially challenging and upward pressures on interest rates persist across the curve.
Earlier, Abramowicz reported that inflation expectations over the next decade have reached 2.5 percent, the highest since 2023, according to market data she covered. She also noted that five major companies, including Alphabet and Nvidia, accounted for half of the S&P 500’s growth since April in a recent article. These developments continue to inform investor outlooks as bond yields reach new highs.