Stocks Hit New Highs, Raising Risk of Treasury Selloff as Growth Outlook Improves
• U.S. stocks at new highs raise risk of selloff in long-term Treasurys due to strong economy and inflation • Benchmark 10-year yield recently over 5%, but now risks moving back up from 4.25% on hot January data • Economists scaling back recession odds, Dow and S&P 500 pushing more records • Confidence in growth could lift rates before June when Fed expected to cut rates • Likelihood of "no landing" scenario still small but growing, posing challenges