) has risen roughly 25 basis points in the last 10 days alone. It's now hovering around 4.29%, not far off levels Morgan Stanley chief investment officer Mike Wilson recently noted could be critical for stock investors.
Bank of America's March Global Fund Manager Survey released on Tuesday shows that 40% of managers expect lower bond yields, down from the 62% seen in December. This marks the lowestWilson noted that large caps have been less sensitive to rates recently. "Small caps are likely to show more rate sensitivity than large caps on a move higher in yields," he said.
BlackRock senior investment and portfolio solutions strategist Kristy Akullian told Yahoo Finance Live that some of the stock reaction one would expect from a move in Fed rate cut expectations has likely been "priced in." But areas outside of large-cap stocks could still feel some pain.
Loans Loans Latest News, Loans Loans Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Source: SooToday - 🏆 8. / 85 Read more »