A Treasury rout that pushed 10-year yields close to the highest since 2007 has spurred what is now the biggest break in an $8 trillion equity rally that had sent the Nasdaq 100 up as much as 45% in 2023. Major US benchmarks just slid in a third straight week for the first time since December.
That’s chasing a growing number of investors away from shares. One is Ulrich Urbahn, Berenberg’s head of multi-asset strategy, who has been buying fixed income to lock in high yields while gradually decreasing equity exposure. Whatever they portend, lots of people see rates going higher. Bank of America Corp. warned in a note of a “5% world,” echoing comments from Pimco founder Bill Gross and former Treasury Secretary Larry Summers, who estimate the 10-year could advance to 4.5% and 4.75% respectively.
“We are seeing signs that equity investors are recognizing the outlook is not as sanguine as markets previously believed,” said Michael O’Rourke, chief market strategist at JonesTrading. “A further selloff in bonds should foster a larger equity correction as investor should demand a larger risk premium to own equities.”
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:
Colombia Últimas Noticias, Colombia Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Investors least bearish on stocks since pre-Fed rate hikes, BofA saysInvestors are the least pessimistic on stocks since February of last year, before the US Federal Reserve began hiking rates. Read more.
Fuente: financialpost - 🏆 7. / 85 Leer más »
Even European ETF Investors Don’t Like Europe Stocks MuchPulling up a list of the 10 biggest ETFs in Europe offers some unexpected results: not a single fund centered on European stocks rounds out the docket.
Fuente: BNNBloomberg - 🏆 83. / 50 Leer más »
Investors least bearish on stocks since pre-Fed rate hikes, BofA saysInvestors are the least pessimistic on stocks since February of last year, before the US Federal Reserve began hiking rates. Read more.
Fuente: fpinvesting - 🏆 43. / 63 Leer más »
Meme stocks ride on, though investors more cautious than GameStop eraThe phenomenon continues to defy predictions of its demise.
Fuente: globeandmail - 🏆 5. / 92 Leer más »
Meme stocks ride on, though investors more cautious than GameStop eraMore than two years since a breathtaking surge in shares of GameStop captivated Wall Street, the meme stock phenomenon continues to defy predictions of its demise. Yet the retail investors who have driven past meme stock moves appear to have become more cautious after last year's market selloff, while rallies in the shares of the often small and heavily-shorted companies bearing the meme stock label have tended to be more fleeting. Here are some charts illustrating what has changed, and what has not, in meme stocks.
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »
Meme stocks ride on, though investors more cautious than GameStop eraBy Saqib Iqbal Ahmed and Laura Matthews NEW YORK (Reuters) - More than two years since a breathtaking surge in shares of GameStop captivated Wall ...
Fuente: SaltWire Network - 🏆 45. / 63 Leer más »