Reported 1 day ago
The 10-year Treasury yield has climbed to 4.79%, its highest in 14 months, putting pressure on stocks and creating competition for equity investments. Jeremy Schwartz from WisdomTree discusses the psychological impact of this yield on stock valuations and highlights risks from inflated earnings growth expectations for 2025. He anticipates the 10-year yield could rise further, predicting a possible range between 5% to 5.5% if the Federal Reserve maintains its stance without cuts.
Source: YAHOO