Investors await details of fiscal and tax policies under Trump’s second term — and the 10-year Treasury yield’s response.

Stocks and bonds declined in response to much better-than-expected job growth. This week's CPI report could further pressure yields.

Last week’s blowout jobs report has Wall Street wondering whether the Fed will continue its rate-cutting regime in 2025.

Bond yields are finally pulling back, and the stock market is rallying in relief. The Dow was up 713 points, or 1.7%, in Wednesday morning trading. The S&P 500 rose 1.7%. The Nasdaq Composite was up 2.

Rates are making investors nervous. Specifically, the 10-year Treasury yield. Climbing to 4.8% on Monday and a stone's throw from 5%, the 10-year Treasury yield is at a level that makes investors cautious.