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Username: OFwMS
Update: 2021-04-19 00:18:56
Date: 2021-02-12 04:46:06
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On fire🔥دي قناتنا 🌝❤️✨ حصل ليكم الشرف 🌝💅
ثورات شعوبنا ستستمر لن تقف ... الفكرة لن تموت والأقلام لن تجف ✌️🔥
#الشعب_يريد_بناء_سودان_جديد ❤️✨
#القدس_لنا ❤️🔥
حلايب سودانية، كشمير باكستانية، وفلسطين كاملة من البحر للنهر اسلامية عربية

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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: 2019-12-28

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