A sharp rise in U.S. Treasury yields so far this year may have further to run, but the speed and scope of the move so far signals that stock market returns in the months ahead could suffer, according to a top Wall Street technical analyst.
“The lower the level of rates and the faster the collapse in those rates, the better for stocks out [six months] forward. The higher the level and the faster the surge in rates, the worse the returns for the SPX going out 6m,” deGraaf wrote. Also read: Here’s what history says about the Nasdaq Composite’s near-term returns after closing below its 200-day moving average
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:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock Futures Rise Slightly After Sell-Off on Wall Street, More Bank Earnings AheadU.S. stock futures rose slightly in overnight trading on Tuesday following a sell-off on Wall Street triggered by surging bond yields.
Source: nbcchicago - 🏆 545. / 51 Read more »
Stocks fall as 10-year yield spikes, oil tops $84Rising yields hit stocks as investors return from the three-day weekend.
Source: FoxBusiness - 🏆 458. / 53 Read more »
Stocks End Lower as Bond Yields Hit Two-Year HighThe Nasdaq lost more than 2.5% as tech shares dropped on worries about how quickly the Fed will raise rates. The Dow fell more than 500. I know we all probably might have heard about Bitcoin but don't know how it works, I tried it in a week ago by a man who recommended me to Dpurplewomanfx on Twitter she guides me through and i made a return of $10500 after a week of trading, connect with her Dpurplewomanfx When it goes to 26,000 let us know….we still won’t care - the Dow represents 30 stocks - we have MUCH MORE important things to worry about Nasdaq!
Source: WSJ - 🏆 98. / 63 Read more »
Stock Market Sell-Off Continues As Rates Surge, Goldman Sachs Falls 8%Stock market sell-off continues as rates surge, Goldman Sachs falls 8% by skleb1234
Source: Forbes - 🏆 394. / 53 Read more »