This is the problem with fake economic news, which isn't meant to inform. It's meant to shape, just like fake polls.
It's disinformation, meant to blunt the bad news every time its ugly head pops up to keep stock markets from falling.
Everybody's talking the stock market book, because everything else sucks. They're afraid that speaking the truth would be all it takes to destroy confidence in the economy, when everyone who must experience the economy on the street knows it is not booming.
What rising Treasury yields are telling us
... The yield on the 30-year Treasury bond ended the week at 5.26%, the highest since June 2007, despite benign reports on consumer and wholesale price inflation. (This is unusual, as long-term yields tend to move lower when inflation becomes less of a worry.) ...
Core wholesale prices have been increasing at an average monthly rate of 4.24% in 2026. Peak before the pandemic was 2.99% in August 2011.
Core consumer inflation averaged 2.62% in 1H2026. Before 2021 there wasn't a reading that high since 2H2006 at 2.72%. Twenty years ago.
The bond market isn't blind to the facts like these reporters are, who have their heads in the sand.
Yields are rising because of persistent inflation.
