Review & Preview: Bonds Bury Stocks

What matters in this story

1. 1

   The 30-year Treasury yield reached its highest level since 2007. — Long-term yield spikes increase borrowing costs and discount rates, typically pressuring equity valuations.

   -0.80
2. 2

   Stock prices declined in response to the rise in Treasury yields. — This confirms an immediate negative correlation and a shift in investor appetite away from risk assets.

   -0.40