Stocks Slammed As Yield Surge Spoils TINA Party

Stocks Slammed As Yield Surge Spoils TINA Party

Stocks Slammed As Yield Surge Spoils TINA Party

Stocks Slammed As Yield Surge Spoils TINA Party

If there’s one thing that spoils the ‘There Is No Alternative” party for buying ‘stonks’, it’s soaring interest rates offering a potential alternative,

This morning has seen 10Y yields spike up to 1.29%…

Source: Bloomberg

Sending bonds to their cheapest (relative to expensive stocks) since

Source: Bloomberg

And that appears to have triggered some anxiety among equity investors…

Now that stocks are paying attention to bond yields velocity, will The Fed step in?

Tyler Durden
Tue, 02/16/2021 – 11:39
Stocks Slammed As Yield Surge Spoils TINA Party