The 10-Year Treasury Yield Is Up. Stocks Will Be Just Fine.

Core Viewpoint - The higher yield indicates Wall Street's concerns about inflation, yet the stock market remains confident that the benchmark yield will not rise significantly further [1] Group 1 - Wall Street is exhibiting nervousness regarding inflation as reflected in the higher yield [1] - The stock market shows confidence for several reasons that the benchmark yield will stabilize and not increase much more [1]