Warning: mkdir(): No space left on device in /var/www/group-telegram/post.php on line 37
Warning: file_put_contents(aCache/aDaily/post/Eccentricgmail/--): Failed to open stream: No such file or directory in /var/www/group-telegram/post.php on line 50 Eccentric | Telegram Webview: Eccentricgmail/12662 -
That hurt tech stocks. For the past few weeks, the 10-year yield has traded between 1.72% and 2%, as traders moved into the bond for safety when Russia headlines were ugly—and out of it when headlines improved. Now, the yield is touching its pandemic-era high. If the yield breaks above that level, that could signal that it’s on a sustainable path higher. Higher long-dated bond yields make future profits less valuable—and many tech companies are valued on the basis of profits forecast for many years in the future. Investors took profits on Friday while they could ahead of the weekend, explained Tom Essaye, founder of Sevens Report Research. Saturday and Sunday could easily bring unfortunate news on the war front—and traders would rather be able to sell any recent winnings at Friday’s earlier prices than wait for a potentially lower price at Monday’s open. For tech stocks, “the main thing is yields,” Essaye said. "This time we received the coordinates of enemy vehicles marked 'V' in Kyiv region," it added. Anastasia Vlasova/Getty Images
from us
