Financial advisors suggest that given the global bond sell-off and US equities hovering near historical highs, now might be a good time for investors to rebalance their asset allocation to target risk levels. For example, the S&P 500 index rose by 24%, 23%, and 16% respectively between 2023 and 2025, while the bond market has been in a continuous decline since the outbreak of the Iran war in late February, with the 10-year US Treasury yield hitting its highest level since 2023 on Wednesday. This has likely led to many investors' portfolios being overweighted in stocks, exceeding their expected risk.