U.S. stocks’ early-year rally is melting away as Treasury yields surge

  • 📰 inquirerdotnet
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 86%

Philippines News News

Philippines Philippines Latest News,Philippines Philippines Headlines

Cracks are widening in an early–year rally in stocks as rising Treasury yields bolster the allure of bonds and skew equity valuations. | Reuters

day afternoon were pricing in a 24- percent chance that the Fed raises rates by 50 basis points at its March 22 meeting, up from a 0 percent chance a month ago, according to CME’s FedWatch tool.

day that the equity risk premium – or the potential reward that investors gain by holding stocks over bonds – has now fallen to levels last seen in 2007 due to higherThat is a “death zone” that makes the “risk-reward very poor” for stocks, strategist Michael Wilson wrote.impossible to justify with any narrative one wants to conjure up,” Wilson said..

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in PH

Philippines Philippines Latest News, Philippines Philippines Headlines