invest1 publisher
A 100-basis-point rise in the 10-year left the real yield exactly where it started
The 10-year yield went from 4% to 5% this year while inflation went from 2.4% to 3.4%, leaving the gap where it started. Stocks are up double digits anyway, and earnings have grown faster than prices, so valuations fell.
Publishers:awealthofcommonsense.com
Reality
- Evidence32
- Adoption
- Insufficient
- Hype gap+18
- Incentives58
- Confidence38