BofA Says US Stocks Can Avoid Big Drop If Yields Stay Below 5%

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US stocks can avoid a dire outlook as long as bond yields stay below a historic high of 5%, according to Bank of America Corp. strategist Michael Hartnett.

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James’s Place Says It’s Reviewing Fees; Shares TumbleIsrael Latest: IDF Urges Evacuation of Gaza City, Signaling IncursionAsia Stocks Face Headwinds From Soaring US Yields: Markets WrapIndonesian Tycoon Said to Weigh Selling Gold Miner ArchiFrench Lawmakers Seek to Extend Windfall Taxes on Oil and PowerUkraine Recap: Kyiv Counters Major Russian Assault in DonetskOil Heads for Small Weekly Gain as Israel War-Risk Premium FadesChina’s Export Slump Eases as Beijing Works to Bolster OutlookMiner...

 

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