Posted on 03/04/21
| News Source: FOX Business
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Equity markets, especially the Nasdaq, have seen heightened volatility in recent weeks as inflation fears have run the 10-year yield above 1.5%, the level of the S&P 500’s dividend yield. The benchmark yield was up 6 basis points at 1.54% on Thursday. Last week, the yield touched a one-year high of 1.61%.
Looking at stocks, mega-cap technology companies, including Apple Inc., Microsoft Corp. and Amazon Inc., which as growth stocks are particularly sensitive to higher bond yields, remained in focus. Read more at FOX Business