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Fort_LStore
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Telegram Link: tg-me.com/Fort_LStore
Update: 2024-03-28 11:19:16
Date: 2022-02-05
TG 10122870, Telegram, United Kingdom, GB
🛍 Fortnite Store ™ | ᶠᵒʳᵗᶰᶤᵗᵉ Telegram

🛍 • فروشگاه محصولات قانونی فورتنایت

🛍 • Fortnite Legal Products Store

✅ • Payment « IDPay - Zarinpal »
⚡️ • Fast Support

🎁 • Gift = @VBucks_Sell
♥️ • Trust = @accountselltrust

👤 • Support = @G4T_Support

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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: 2022-02-05

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