US yields nearing level that could pressure stocks, Morgan Stanley says

NEW YORK, March 18 - U.S. stocks have climbed this year despite rising Treasury yields, but equities could become more sensitive if yields push higher from current levels, Morgan Stanley strategists said on Monday.

The bond market could become more volatile over the next few days, with policy decisions by the Federal Reserve and Bank of Japan. Higher yields increase the attractiveness of owning"risk-free" Treasuries for investors. That in turn can dull the luster of riskier equity cash flows and tends to pressure stock valuations.

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:

KitcoNewsNOW /  🏆 13. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Kitco NEWS Reports on Mining Companies Snowline Gold and NexGen EnergyKitco NEWS provides accurate and objective reporting on mining companies Snowline Gold and NexGen Energy. Snowline Gold has seen significant growth due to outstanding drill results and backing from B2Gold. NexGen Energy has experienced a surge in stock value with the rise in uranium prices.
Read more »