30 year mortgage and 10 year treasury yields

The wrong items are reaching new highs. Both 30 year mortgage rates and 10 year treasury yields are breaching new 2 year highs.

30 year mortgage at 7.17% is going to destroy any demand for housing. And rising treasury yields are not at all good news for companies which borrow money to build out or ramp up production.

Growth stocks are going to be hardest hit in this environment.I feel a market shock (big correction or crash) is coming soon. Just cautoning everyone !!

Be rational with your investments !!

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$MSFT $NVDA $GOOGL $META $AMZN $TSLA $AAPL

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1 Comments

Scott S@scottsinvesting · 6d

"The wrong items are reaching new highs."
Great descriptor of where things stand today...

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