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Here’s another reason stock-market bulls need to watch rising bond yields
Stock-market bulls banking on strong earnings growth may want to take notice of what higher rates have meant in the past for profits. “Above-average leverage at a time when bond yields are rising can lead to earnings disappointments,” said a team of Société Générale strategists led by Alain Bobozka.
https://finance.yahoo.com/m/1bc25d1...6263274b/here’s-another-reason.html?.tsrc=rss
Stock-market bulls banking on strong earnings growth may want to take notice of what higher rates have meant in the past for profits. “Above-average leverage at a time when bond yields are rising can lead to earnings disappointments,” said a team of Société Générale strategists led by Alain Bobozka.
https://finance.yahoo.com/m/1bc25d1...6263274b/here’s-another-reason.html?.tsrc=rss
