Markets Under Pressure from Rising Treasury Yields Amid Financial Crisis Fears
Global markets faced pressure from rising long Treasury yields last week, prompting increased searches for 'financial crisis.'
The S&P 500 fell 1.4% over the past week as long-term Treasury yields advanced, but corporate credit spreads and equity volatility remained stable.
Despite elevated oil prices and borrowing expenses, JPMorgan Chase posted a strong balance sheet with $1.5 trillion in cash and marketable securities.
Investors remain vigilant but not alarmed, with the VIX closing Friday at 15.13, well under its 52-week peak of 35.30.