WS #14767
The macro environment continues to be defined by high Treasury yields, with the 30-year yield hitting levels not seen since 2004. Investors are actively hedging against further rate hikes or sticky inflation, as evidenced by large volumes of put options on the iShares 7-10 Year Treasury Bond ETF. This pressure on fixed-income markets is weighing on growth stocks and REITs, while financials may benefit from the steeper yield curve.
Macro Rates & Treasury Yields
The macro environment continues to be defined by high Treasury yields, with the 30-year yield hitting levels not seen since 2004. Investors are actively hedging against further rate hikes or sticky inflation, as evidenced by large volumes of put options on the iShares 7-10 Year Treasury Bond ETF. This pressure on fixed-income markets is weighing on growth stocks and REITs, while financials may benefit from the steeper yield curve.