JPMorgan: yield stabilization could extend equity rally into year-end
FROM THE WIRE · SEEKINGALPHA.COM
[Stock market activity shows price changes and trading movements in real time] FabrikaCr A potential stabilization in global bond yields could halt equity valuation compression and help stock markets extend their recovery into year-end, according to JPMorgan strategist Mislav…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishStabilizing global bond yields could halt the compression of equity valuations.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01JPMorgan strategist Mislav Matejka believes the recent rise in 10-year yields is overdone.
- 02The 10-year Treasury yield crossed 5% in late September, peaking around 5.3%.
- 03During the most intense selloff, forward P/E multiples compressed by about 3 points.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
S&P 5007,691.39Market closedtoday +0.42%Positive
US 10-Year Treasury—n/aNeutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets