What Investors Are Watching After Spike in Treasury Yields
- Evercore says change in tone from Fed may be warranted
- Potential opportunity to reload on equities: JPMorgan Asset
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The surge in global yields and a slump in stocks has left bond and equity investors nursing losses and asking whether there is more to come or something to stop the rot.
While many see bond yields continuing to push higher as the global economy reopens and growth recovers, others say they are now close to levels that should entice long-term buyers. A disorderly selloff in bonds or equities could also trigger at least verbal intervention from the Federal Reserve to stop a rout, according to investors.