If the open doesn't start, click here
АНФ. Думай по-своему Telegram | DID YOU KNOW?
Date: | АНФ. Думай по-своему
For tech stocks, “the main thing is yields,” Essaye said. 'Wild West' Pavel Durov, Telegram's CEO, is known as "the Russian Mark Zuckerberg," for co-founding VKontakte, which is Russian for "in touch," a Facebook imitator that became the country's most popular social networking site. 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. READ MORE
АНФ. Думай по-своему from MS