(Reuters) - NEW YORK, June 7 - U.S. stock index futures fell
on Thursday, indicating a lower open on Wall Street, after
yields on all Treasuries debt securities reach or top 5
percent, raising concern that stocks face more competition from
fixed-income assets.
The spring rally in stocks has sputtered in the past two
days as worries about inflation and the possibility of higher
interest rates haves crept back into the forefront of
investors' concerns. Higher rates discourage consumer spending
and crimp profit margins.
Read more at Reuters.com Bonds News
on Thursday, indicating a lower open on Wall Street, after
yields on all Treasuries debt securities reach or top 5
percent, raising concern that stocks face more competition from
fixed-income assets.
The spring rally in stocks has sputtered in the past two
days as worries about inflation and the possibility of higher
interest rates haves crept back into the forefront of
investors' concerns. Higher rates discourage consumer spending
and crimp profit margins.
Read more at Reuters.com Bonds News
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