WS #14752
US 10-Year Treasury yields are holding near 19-year highs, and the US dollar remains strong against major currencies, keeping pressure on the Yen near 160 and emerging market currencies like the Turkish Lira. The Czech National Bank held rates steady, but the broader macro environment remains restrictive. High yields continue to pressure high-multiple growth stocks and real estate sectors.
Macro Rates & Currencies
US 10-Year Treasury yields are holding near 19-year highs, and the US dollar remains strong against major currencies, keeping pressure on the Yen near 160 and emerging market currencies like the Turkish Lira. The Czech National Bank held rates steady, but the broader macro environment remains restrictive. High yields continue to pressure high-multiple growth stocks and real estate sectors.