The Bond Market's Siren Song: A Warning to Tech Investors The recent market slide, led by tech stocks, serves as a stark reminder that even the most promising sectors are not immune to rising bond yields.
As the 10 year Treasury rate continues its ascent above 4. 6%, investors are reevaluating the high flying valuations of growth stocks.
The correlation between bond yields and stock performance is well established but has become increasingly pronounced in recent months.