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Astera_k4m
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Update: 2022-10-05 09:24:23
Date: 2021-06-22
TG 359603, Telegram, India, IN
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من لە ئەشقی تۆدا ئەمرم تۆش چۆن
بەڵێن بە کەسێکی تر ئەدەیت..؟🌚💔


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﮼‌جهت‌سفارش‌کلیپ‌به‌دلخواه☟☾


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Spiking bond yields driving sharp losses in tech stocks

A spike in interest rates since the start of the year has accelerated a rotation out of high-growth technology stocks and into value stocks poised to benefit from a reopening of the economy. The Nasdaq has fallen more than 10% over the past month as the Dow has soared to record highs, with a spike in the 10-year US Treasury yield acting as the main catalyst. It recently surged to a cycle high of more than 1.60% after starting the year below 1%. But according to Jim Paulsen, the Leuthold Group's chief investment strategist, rising interest rates do not represent a long-term threat to the stock market. Paulsen expects the 10-year yield to cross 2% by the end of the year. A spike in interest rates and its impact on the stock market depends on the economic backdrop, according to Paulsen. Rising interest rates amid a strengthening economy "may prove no challenge at all for stocks," Paulsen said.


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Created Date: 2020-10-20

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