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But we saved everything 🙂.
Sam Ro highlights that when the U.S. 10-year Treasury yield increases above two standard deviations, it often puts pressure on equities.
This observation is attributed to research from Goldman, which suggests higher-than-usual movements in Treasury yields can weigh on stock market performance.
Ro previously reported that most FOMC non-chair members see no strong case for a near-term rate cut. In another recent piece, he covered news of Barry Diller’s People Inc. preparing an $18 billion offer for MGM Resorts. These reports reflect continued attention to major policy decisions and deal activity in U.S. markets.