Currently, the ten-year US Treasury bond is up at 4.89%. Historically, the stock market has fallen significantly in value every time the 10-year yields exceed 5%.
The world's most perfect husband follows the 10-year yield. He sees that it is finding its way up and biting down around 5% now and he is becoming more and more convinced that it will have a knock-on effect for almost everything this time as well.
If I was granted one wish, I would exchange my super power of being able to eat unlimited sweets for being able to see into the future.
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