Why US stocks are rising despite higher interest rates

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  US stocks have risen despite higher interest rates, prompting investors to question how the gains are possible.

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  The article says the 10-year US Treasury yield broke above 4.5% to 4.7% in August and passed 5% in September.

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  It describes US Treasury steps to buy longer-term bonds, including issuing short-term debt and using the Treasury General Account.

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  The article says higher long-term yields can raise borrowing and mortgage costs, tighten financial conditions and eventually slow the economy.

Who

US stock investors are questioning the market’s rise. The US Treasury has taken steps to buy longer-term bonds.

What

US stocks are rising despite higher interest rates.

When

The article was published on October 10, 2026. It describes events in August and September.

Where

The United States.

Why

Not stated. The article notes that earnings can overcome high interest rates in its headline, but the supplied text does not explain this in detail.

This story does not have two clearly opposing sides.