Can Markets Survive Higher Yields?

Stronger-than-expected US economic data is keeping pressure on Treasury yields and complicating the outlook for interest rates, even as investors await fresh signals from the Jackson Hole Symposium. Meanwhile, a weaker US dollar has supported gold and the Australian dollar, while Nvidia’s upcoming earnings could determine whether the AI-driven technology rally has further to run. Can markets continue climbing if borrowing costs remain elevated, and where should investors be looking for the next catalyst?Image Credit: ShutterstockSee omnystudio.com/listener for privacy information.