Treasury yields rise as markets react to Trump's election win

Markets reacted positively to Donald Trump's election win, with the S&P 500 rising nearly 5%. Financial stocks surged over 10% on expectations of lighter regulations and increased deals. Despite this optimism, the yield on the 10-year US Treasury bond increased to 4.4%. This rise suggests concerns about inflation and growth, as consumer prices remain above the Federal Reserve's target. Credit spreads for bonds are tight, indicating manageable corporate borrowing costs. However, there are questions about whether corporate profits can sustain high interest rates, especially if inflation accelerates again.