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Market move● Neutral for Indian equities
Which 10-year yield level will really start to hit stocks? Here's what history suggests
The brief
- The 10-year yield may need to approach 7% to meaningfully hurt stocks
- Misfortunes of war, over 7.5 lakh crore m-cap erased
- US Stock Market Today: Dow Down 400 Points; Nasdaq, S&P In Red As Oil Jumps, Treasury Yields Hit Multi-Year Highs
- Nifty slips below 22,800 as rising oil prices, US yields trigger selling
- Gold's lustre dims as Treasury yields surge, markets bet on higher Fed rates
- EXCLUSIVE: Japan top FX diplomat urges markets to heed 'very clear' warning on yen