In 3 short weeks, the 10-Yr Bond yield has increased by about 40 basis points. This means borrowing money is getting more expensive, which will be hard on companies that are in the high growth stage. Shares of tech companies trying to take advantage of the quickly-changing health care, transportation, and entertainment markets are being punished as a result.
In 3 short weeks, the 10-Yr Bond yield has increased by about 40 basis points
