JPMorgan warns rising 30-year yields threaten small- and mid-cap returns
FROM THE WIRE · FINANCE.YAHOO.COM
Investing.com -- The climb in 30-year government bond yields poses a risk to small- and mid-cap (SMid) stocks, JPMorgan says, saying the move reflects government debt levels more than the path of short-term interest rates. Before you buy NVIDIA: our AI model's stock picks are…
Read at the source ↗MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishHistoric rise in 30-year yields reflects unprecedented government debt levels, risk to SMid-cap stocks.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01JPMorgan warns rising 30-year yields pose risk to small- and mid-cap stocks.
- 02For first time in history, 60% of global GDP comes from governments with debt above 100% of GDP.
- 03JPMorgan calls this a 3-sigma event investors 'seem to be ignoring.'
- 04Rise in 30-year yields reflects government debt levels more than short-term rate path.