Flow Blockchain - Official | United States America (US)

Create: 2024-05-08 Update: 2025-07-04 11:16:50

📣 Join the Flow Foundation at Consensus in Austin, Texas 📣

🇺🇸 We're excited to announce that the Flow Foundation is gearing up for a fantastic week at Consensus 2024 in Austin, Texas! If you're local to the area or planning on going to the event, here's what to look out for:

Flow Hacker House
From May 27th to June 2nd, join us at our Hacker House for Developer Workshops, Community Scholar sessions, Crescendo Office Hours, social mixers, and good vibes all around! 🎉
🔗 Flow x Consensus Hacker House

Flow Scholars Program
A few Scholarship spots are available! Selected scholars will act as ambassadors of Flow at Consensus, with all accommodation, travel, and ticket costs covered. This is open to everyone, and if you're interested, you can apply via this form ⤵️
🔗 Flow's Consensus Scholarship Application

🙌 We can't wait to see you there and dive into all the exciting activities we've got planned!

Flow Blockchain - Official

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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.

📣 Join the Flow Foundation at Consensus in Austin

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Telegram Updated: 2025-07-04 11:16:50

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