Will This Morning's Bounce In Stocks Hold If Yields Don't Rollover?
- The late-day bounce in stocks on Tuesday…and this morning’s further advance…are giving stock investors a lot of relief from yesterday’s “scare.” However, Treasury yields remain at/very-near their recent highs. Therefore, if those yields do not rollover very quickly, it’s something that could finally create somewhat impactful headwinds for the stock market.
- Yes, the stock market could easily continue to rally in a significant way, but it is important to note that a change in trend in the Treasury market is taking place…and thus now is not the time for investors to be complacent.
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