Strategists Warn Rising US Treasury Yields Could Move Even Further Into ‘Danger Zone’ – Here’s What It Means for Risk Assets
Yields on long-dated US Treasuries are now hovering at a level that could spell bad news for stocks and other asset classes, according to multiple market strategists. HSBC says that the sell-off in bonds earlier this week propelled the 30-year Treasury yield to 5.19%, the highest level in 19 years, while the yield on the […] The post Strategists Warn Rising US Treasury Yields Could Move Even Further Into ‘Danger Zone’ – Here’s What It Means for Risk Assets appeared first on The Daily Hodl.