Treasury Yields Hit 24-Year Peak as Market Valuation Falls to 19x Earnings
S&P 500 trades at 19x forward earnings, below historical norms, as profits surge 29.5%. But 10-year yields at 5.34% pose new risks for equities.
The post Treasury Yields Hit 24-Year Peak as Market Valuation Falls to 19x Earnings appeared first on Blockonomi.
Source: Source: Blockonomi