Ever heard of risk-free rates? Risk free rates are commonly understood to refer to interest rates on 10-year US treasuries. These are considered risk-free as the likelihood of the US government defaulting is considered extremely unlikely.
Treasuries pay out a fixed interest and can be redeemed for their face value at maturity. Fixed returns and negligible...
So we are probably all aware of the stock market sell off that is currently occurring.
It's likely due to a combination of things...
The reflation trade reaching a short term top...
The holiday weekend profit taking...
And a bit of a rotation out of tech to value.
Stocks have been hit pretty hard.
And when stocks are hit hard...
The financial media have a...