Barron’s: “Why 5% Bond Yields Won’t Sink the Stock Market”
By datatrekresearch in IN THE NEWS
Excerpt from Barron's quoting DataTrek co-founder Nick Colas:
... "Nicholas Colas doesn’t see 5% Treasury yields as a stock market spoiler. Instead, the co-founder of DataTrek Research sees them as a healthy reset of interest rates that could pave the way for more sustainable growth.
Barron’s spoke with the Wall Street veteran about yields on the 10-year Treasury note, which just hit a 19-year high, why he doesn’t expect stock market fallout and what sectors he favors. An edited version of our discussion follows"...
Read the full interview here in Barron's.
