Telegram Group Link

373 Members

Telegram Link:
Update: 2022-12-04 05:19:46
Date: 2022-08-18
TG 86740564, Telegram, United Kingdom, GB
Tamil Serials Telegram

Telegram Link:

Continue to Open

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.

United Kingdom GB Tg Telegram Group & tg Channel

Tamil Serials Webview

From: United Kingdom ()

Tamil Serials TG

Telegram Link:

About Tamil Serials

Created Date: 2022-08-18

Tamil Serials

Admin Bot Link

Tamil Serials


Back To Top
TG Telegram Group

Breaking News Today in GB

Back To Top