The blistering pace of gains in the stock market took a very minor hiatus this week and it's pretty clear why. The chart of the 10-year bond future is moving in near lockstep with the Nasdaq 100NDAQ as investors process what rising rates mean for high-growth, high-valuation companies.
The blistering pace of gains in the stock market took a very minor hiatus this week and it's pretty clear why. The chart of the 10-year bond future is moving in near lockstep with the Nasdaq 100NDAQ as investors process what rising rates mean for high-growth, high-valuation companies.
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