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ᴅɪᴠɪɴᴇ ꜱᴏᴜʟꜱ ᴘᴏʀᴛᴀʟ*.✧ Telegram | DID YOU KNOW?
Date: | ᴅɪᴠɪɴᴇ ꜱᴏᴜʟꜱ ᴘᴏʀᴛᴀʟ*.✧
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. He adds: "Telegram has become my primary news source." And while money initially moved into stocks in the morning, capital moved out of safe-haven assets. The price of the 10-year Treasury note fell Friday, sending its yield up to 2% from a March closing low of 1.73%. Asked about its stance on disinformation, Telegram spokesperson Remi Vaughn told AFP: "As noted by our CEO, the sheer volume of information being shared on channels makes it extremely difficult to verify, so it's important that users double-check what they read." Founder Pavel Durov says tech is meant to set you free
ᴅɪᴠɪɴᴇ ꜱᴏᴜʟꜱ ᴘᴏʀᴛᴀʟ*.✧ from MS