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Update: 2021-11-28 00:28:37
Date: 2021-06-27
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Buai lelaju sampai pucuk sena. Apa dalam baju ilmu penuh di dada. Bukan ajar biashe2. Ajar mahir Telegram Power. Makin hari makin terer. HATIPUN BERBUNGA-BUNGA. Korang rugi giler kalau tak grab siang2. Bila dah malam teraba raba mana satu tools nak guna.

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Created Date: 2020-05-04

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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