WS #14824
The US 30-year Treasury yield reached its highest level since 2004, with Fed official Beth Hammack attributing the move to a stronger growth outlook and government debt concerns. This environment is forcing a repricing of risk assets, pressuring high-multiple growth stocks and prompting portfolio managers to abandon the traditional 60/40 allocation in favor of more diversified, alternative-heavy portfolios.
Treasury Yields & Macro Rates
The US 30-year Treasury yield reached its highest level since 2004, with Fed official Beth Hammack attributing the move to a stronger growth outlook and government debt concerns. This environment is forcing a repricing of risk assets, pressuring high-multiple growth stocks and prompting portfolio managers to abandon the traditional 60/40 allocation in favor of more diversified, alternative-heavy portfolios.