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Ten year yields still look like they peaked last October at 4.2%. A new high in the 10-year yield would take equities lower, where a move to ~3.5% would likely drive the S&P 500 (SPX) to a new all-time high.
By Jackson Square Capital, LLCTen year yields still look like they peaked last October at 4.2%. A new high in the 10-year yield would take equities lower, where a move to ~3.5% would likely drive the S&P 500 (SPX) to a new all-time high.