𝐺𝑟𝑎𝑦 𝑆𝑘𝑦 ♡︎

𝐺𝑟𝑎𝑦 𝑆𝑘𝑦 ♡︎

𝐺𝑟𝑎𝑦 𝑆𝑘𝑦 ♡︎ Telegram | DID YOU KNOW?

In 2014, Pavel Durov fled the country after allies of the Kremlin took control of the social networking site most know just as VK. Russia's intelligence agency had asked Durov to turn over the data of anti-Kremlin protesters. Durov refused to do so. 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. The Russian invasion of Ukraine has been a driving force in markets for the past few weeks. Artem Kliuchnikov and his family fled Ukraine just days before the Russian invasion. Friday’s performance was part of a larger shift. For the week, the Dow, S&P 500 and Nasdaq fell 2%, 2.9%, and 3.5%, respectively.
𝐺𝑟𝑎𝑦 𝑆𝑘𝑦 ♡︎ from tr

𝐺𝑟𝑎𝑦 𝑆𝑘𝑦 ♡︎.
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