Markets to Watch This Week: Global Yields Hamper Equities
- By Bilal Hafeez
- 1 min read
In this report, we standardise price changes across different markets to allow for cross-market comparisons.
US bond yields saw a 3+ standard-deviation jump last week, while tech stocks got smashed with NASDAQ seeing a 1.9 standard deviation weekly fall with notable drops seen in Microsoft (-2.2 std) and Alphabet (-1.5 std.).
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