Rate hikes threaten stocks
Share valuations start running into trouble once bond yields breach 3%.
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Hawke’s Bay
The yin-yang relationship between higher interest rates and share prices re-asserted conventional analysis when yields on long-term US government debt moved abruptly higher last week.
Stocks retreated and showed greater volatility, calling into question the durability of the more than
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Nevil Gibson
Fri, 12 Oct 2018
Fri, 12 Oct 2018
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Rate hikes threaten stocks
Analysis,
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