Will high bond yields slam the brakes on Wall Street? Not necessarily
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Will high bond yields slam the brakes on Wall Street? Not necessarily
JAMIE MCGEEVER
ORLANDO, FLORIDA
REUTERS
PUBLISHED 1 HOUR AGO
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The U.S. economy appears to be in a new era of higher-for-longer bond yields. In theory, this should be a more challenging environment for equity investors, but Wall Street’s stellar performance in recent years suggests that is not necessarily the case.
Treasury yields have hit new multi-year highs in recent weeks, with the 3…
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