10-Year Yields Jump and the S&P 500 Hits a Record Anyway

The 10-year Treasury yield is climbing, yet the S&P 500 keeps hitting records as falling bond prices give investors little reason to exit stocks. James Stanley, StoneX Media Senior Market Analyst, walks through five charts on oil, the 10-year yield, U.S. equity indices, and USD/JPY. Large-cap stocks have absorbed rising Treasury yields so far, and the 2000 dot-com cycle shows how six Federal Reserve hikes in 11 months eventually pushed capital from equities into Treasuries. The video also covers why higher yields hit Russell 2000 small caps harder, how oil feeds yields through inflation, and why Japan matters to the Treasury market. Discover Actionable Insights with the latest Market Outlook Reports: https://intel.stonex.com/offer?language=en&campaignId=A908C315-DC62-4F35-AC16-870BB71E84D1&utm_source=youtube&utm_medium=social&utm_campaign=sxtv_guest_james_stanley&utm_content=share 00:00 - Stocks Shrug Off a Bond Rout 01:05 - Oil Calm Keeps Yields in Check 03:24 - Rising Yields, Steady Stocks 05:11 - 10-Year Yield Debt Trap Builds 09:05 - S&P 500 Rallies Into Fed Hikes 14:05 - The Dot-Com Echo From 2000 16:46 - Small Caps Take the Yield Hit 19:10 - Japan Pulls on U.S. Treasuries Like and subscribe for more financial market insights. #SP500 #StoneX #JamesStanley #Treasuries --------- Like this video? Subscribe and turn on notifications so you don't miss any videos from StoneX: https://www.youtube.com/@stonex_official Visit https://www.stonex.com/en/insights/thought-leadership/?utm_source=youtube&utm_medium=social for insights, perspectives and thought leadership from StoneX's global network of experts. Visit our website: https://www.stonex.com?utm_source=youtube&utm_medium=social