Stocks Rise as Bond Market Selloff Pauses

US stocks climbed in the September 2 session as the selloff in Treasury bonds that had pressured markets in recent sessions came to a halt, according to Yahoo Finance. A pause in rising yields typically reduces the discount applied to future corporate earnings, which had been weighing on equities. The relief came even as Fed watchers separately flagged the possibility that policymakers, including New York Fed President John Williams, could keep the door open to rate hikes depending on upcoming jobs and inflation data. That tension between a calmer bond market and lingering hike risk left the rally without a clear catalyst beyond the pause itself. Whether the pause holds depends on the same data Fed watchers are waiting on: a hot jobs report or inflation print could reignite the Treasury selloff and reverse Wednesday's gains.