{
  "id": 6923017,
  "title": "Why stocks haven't tanked despite higher bond yields: Chart of the Day",
  "url": "https://urgent.news/2026/09/12/why-stocks-havent-tanked-despite-higher-bond-yields-chart-of-the-day",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-12T12:33:46.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/news/why-stocks-havent-tanked-despite-higher-bond-yields-chart-of-the-day-123346395.html"
  },
  "original_language": "en",
  "account": "Despite the 10-year Treasury yield reaching its highest level since 2023, the stock market has not experienced a significant decline. This is largely due to the strong earnings environment and positive historical trends. ClearBridge Investments' Jeff Schulze explained that the S&P 500's earnings rose 52% year over year in the second quarter. He believes that this strong performance will continue, resulting in positive market momentum. Schulze also noted that the recent rise in Treasury yields has been driven primarily by higher real rates, reflecting stronger economic growth, a booming AI infrastructure build-out, and a reassessment of the Federal Reserve's policy path. He further stated that if the economy were facing a material threat, stocks would likely be much lower due to a corresponding reduction in earnings expectations. Schulze concluded that the equity market is currently reading the situation properly and believes that they are merely normalizing fixed income markets after a period of depressed yields following the global financial crisis.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}