Bond yields move relentlessly higher, as Wall Street wonders how much more tech stocks can take
Why now
Thesis: Yield surge keeps pressure on tech multiples
Catalyst to watch: Further yield moves or Fed comments
Main risk: Yields could stabilize and relieve stocks
Why it matters
Rising yields pressure equity valuations, especially rate-sensitive tech.
Details
Wall Street was hoping last week’s bond rout was the worst of it. Monday indicated otherwise.
Related assets & topics
Treasury BondsSources
- marketwatch · 2026-09-28 20:43 UTC