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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 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. And indeed, volatility has been a hallmark of the market environment so far in 2022, with the S&P 500 still down more than 10% for the year-to-date after first sliding into a correction last month. The CBOE Volatility Index, or VIX, has held at a lofty level of more than 30. The message was not authentic, with the real Zelenskiy soon denying the claim on his official Telegram channel, but the incident highlighted a major problem: disinformation quickly spreads unchecked on the encrypted app. The Russian invasion of Ukraine has been a driving force in markets for the past few weeks. Although some channels have been removed, the curation process is considered opaque and insufficient by analysts.
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ЦиркуляркаКанал семейства Angry Bonds посвященный CIRCULAR ECONOMY и эффективной экологии, а также смежны вопросам "актуальной повестки". Пропагандист и отчасти агрегатор экологической повестки.
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Created: 2020-01-06

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