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Market Impact: 0.62

Rising Yields Are Wreaking Havoc on Stocks Outside the AI Trade

Source: Bloomberg

Interest Rates & YieldsCredit & Bond MarketsMarket Technicals & FlowsInvestor Sentiment & Positioning

The 10-year US Treasury yield climbed to 5.34%, its highest level since 2002, extending the bond-market selloff. Traders are increasingly focused on when elevated borrowing costs will begin to pressure the still-resilient US equity market, creating a meaningful risk of broader cross-asset volatility.

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mildly negative

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-0.25

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