FYI: Stocks have been tanking on escalating trade tensions with China and concerns about slowing global growth. Rising rates only add to the anxiety. The 10-year Treasury yield recently jumped above 3.2% from 2.9% a month ago. That’s a big move in bond terms, and it occurred while stocks have been falling—a sign that bonds aren’t acting like the safety net investors have come to expect. Rising yields aren’t just hurting financial markets; borrowers taking out a mortgage or other loan face higher costs, too. With all this in mind, here’s a primer on the impact.
Regards,
Ted
https://www.barrons.com/articles/how-to-protect-your-portfolio-from-stock-market-madness-and-rising-rates-1539364447?mod=hp_LEAD_2
