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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 uglyā€”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 itā€™s on a sustainable path higher. Higher long-dated bond yields make future profits less valuableā€”and many tech companies are valued on the basis of profits forecast for many years in the future. Markets continued to grapple with the economic and corporate earnings implications relating to the Russia-Ukraine conflict. ā€œWe have a ton of uncertainty right now,ā€ said Stephanie Link, chief investment strategist and portfolio manager at Hightower Advisors. ā€œWeā€™re dealing with a war, weā€™re dealing with inflation. We donā€™t know what it means to earnings.ā€ Telegram has become more interventionist over time, and has steadily increased its efforts to shut down these accounts. But this has also meant that the company has also engaged with lawmakers more generally, although it maintains that it doesnā€™t do so willingly. For instance, in September 2021, Telegram reportedly blocked a chat bot in support of (Putin critic) Alexei Navalny during Russiaā€™s most recent parliamentary elections. Pavel Durov was quoted at the time saying that the company was obliged to follow a ā€œlegitimateā€ law of the land. He added that as Apple and Google both follow the law, to violate it would give both platforms a reason to boot the messenger from its stores. The news also helped traders look past another report showing decades-high inflation and shake off some of the volatility from recent sessions. The Bureau of Labor Statistics' February Consumer Price Index (CPI) this week showed another surge in prices even before Russia escalated its attacks in Ukraine. The headline CPI ā€” soaring 7.9% over last year ā€” underscored the sticky inflationary pressures reverberating across the U.S. economy, with everything from groceries to rents and airline fares getting more expensive for everyday consumers. If you initiate a Secret Chat, however, then these communications are end-to-end encrypted and are tied to the device you are using. That means itā€™s less convenient to access them across multiple platforms, but you are at far less risk of snooping. Back in the day, Secret Chats received some praise from the EFF, but the fact that its standard system isnā€™t as secure earned it some criticism. If youā€™re looking for something that is considered more reliable by privacy advocates, then Signal is the EFFā€™s preferred platform, although that too is not without some caveats.
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