which has gotten rocked by rising rates in the past month. The Nasdaq is particularly vulnerable to rates because technology is considered a long duration asset like Treasurys.closed the week at 1.70%, and it's up almost 89% so far this year.
"Maybe we can see it fall way back to 1.50 [percent]," Bianco added. "But I wouldn't consider that anything more than a respite in a move for longer-term for higher-yields."
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