Surging bond yields to pinch homeowners and retirees

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NEW YORK (Reuters) – A surge in bond yields that sent stock markets skidding from record highs this month may have ripple effects outside Wall Street, as home ownership costs rise and nest eggs shrink.

 · HNA’s Airline Unit Scraps Bond Sale as Surging Yields Sting. The conglomerate’s interest expenses more than doubled to a record 15.6 billion yuan in the first half from a year earlier. Its short-term debt expanded to 185.2 billion yuan, exceeding its cash-pile.

Stocks ended sharply higher Thursday, erasing most of the deep losses from earlier in the week, as global bond yields rebounded and investors. AMD was the best-performing stock in the sector,

as it also serves as the benchmark rate for everything from home mortgages to car loans. However, Pearce says investors shouldn’t take the recent decline in bond yields since the end of last year as a.

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The quarter was characterized by solid investment gains and higher fees from equity-based products, buoyed by a surging stock market. mostly buying high-quality bonds, but big companies like AIG.

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A common feature of financial literature is that strong equity markets are generally associated with a soft bond market. equipment and home furnishings. It has a dividend yield of 2%. The company.

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