Stocks Retain Upward Bias as Bond Yields Rise

  • Mukesh Buch
  • U.S.A. New York City
  • Apr 1, 2022
    Investors bid up stocks on the first day of April and second quarter after facing worst return in the previous quarter in two years. A decline in oil price below $100 a barrel and a sustained recovery in the job market also helped the sentiment. 2-year at 2.448% closed above 10-year bond yield. Energy stocks were on the defensive after leading other sectors in the first quarter with 33% surge.

Annual Returns

Company Ticker 2025 2024 2023
General Motors Company GM -2% 46% -7%
Toyota Motor Corp Ltd Ord TM -1% 7% 27%
Ford Motor Company F -2% -19% -9%
Apple Inc AAPL -13% 30% 43%
Deere & Company DE -3% 8% -8%