Wall Street investors cast wary eye on Treasury yield rally ...Qatar

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Wall Street investors cast wary eye on Treasury yield rally
As Treasury yields rally to multi-month highs, some investors are gauging how a more sustained rise could impact equity markets. Yields on the 10-year Treasury, which move inversely to bond prices, rose to a seven-month high of 0.97% in the past week on hopes that breakthroughs in the search for a Covid-19 vaccine would eventually translate to a boost in economic growth. That’s still low, by historical standards: Yields are a full point below their levels at the start of January and below their 5-year average of 2.05%, according to Refinitiv data. The Federal Reserve has pledged to keep interest rates near historic lows for years to come in its bid to support growth, and past rallies in yie

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