Margaret Yang, Strategist Nasdaq 100 May Outperform the Dow Jones as Treasury Yield Curve Flattens
Chart by Margaret Yang, Created with TradingView
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‘flattening Treasury yield curve makes the tech-heavy index more appealing when the front-end borrowing costs rise faster than the longer-end rates.’
‘, if the inflationary pressures become sticky and persisting, longer-dated yields may start to catch up with front-end rates, resulting in a steepening yield curve.’