Create: 2022-01-26 Update: 2024-06-08 13:55:16

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ℌello classic motorcycle lovers. here, Mc unity is here to find true bikers who uphold a sense of solidarity. If you are a true biker then join us and enjoy the night ride together. Before joining us, let's see and read first the 𝗥𝗨𝗟𝗘𝗦 to become a part of Mc unity. And don't forget to use the provided attributes. don't use the wrong attributes, because there are two different IDC's for women and men.

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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.

ㅤ — 𝗠𝗖 𝗨𝗡𝗜𝗧𝗬 𝗢𝗣𝗘𝗡 𝗠𝗘𝗠𝗕𝗘𝗥 —

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