MarketWatch analysis suggests rising Treasury yields threaten to temporarily derail U.S. stock rally, despite strong earnings growth
U.S. stocks have reached record highs, buoyed by strong earnings growth over the past few quarters, with major U.S. companies on track for a second straight quarter of over 20% earnings growth in Q2. However, the analysis indicates that increasing Treasury yields could pose a temporary setback to this rally.
Source:MarketWatch · Source Link
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