FAAR - Global Sovereign Rates On The Rise As The U.S. 10-Year Yield Breaks Out: What It Could Mean For Stocks
- Developed market 10yr rates jump as the US 10yr hurdles the 1.9% figure.
- The 2% level is in sight as multiple signs point north for yields.
- Commodities remain on fire – both energy and agricultural types.
- Real yields are important to watch. High rates after inflation could mean more bearish price action among high-duration equities.
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Global Sovereign Rates On The Rise As The U.S. 10-Year Yield Breaks Out: What It Could Mean For Stocks