Profile - To The Moon

tamkaize

Posts · 2Posts · 2
Following · 0Following · 0
Followers · 0Followers · 0

- tamkaizetamkaize
  ·2023-07-20
  Another perspective is that American businesses are investing heavily into Singapore thanks to this free trade agreement, e.g., P&G.
  Americans Unseat Chinese as Top Foreign Homebuyers in Singapore
  Americans replaced Chinese as the top foreign buyers of private apartments in Singapore, according to OrangeTee & Tie.Mainland Chinese have been the largest foreign buyer group in the Asian hub since 2016, accelerated by an influx of wealth into the city-state during the pandemic. To keep a lid on prices, the government doubled stamp duties for foreign buyers to 60% — the highest among major markets — and also raised levies for buyers of second homes in late April.Property buyers of certain nati
  Americans Unseat Chinese as Top Foreign Homebuyers in Singapore
  134 Comment
  Like
  Share
  Report
- tamkaizetamkaize
  ·2021-02-19
  Don't touch bonds. Investing in good companies with intrinsic value like Amazon or Google is much much much better.
  As U.S. bond yields march higher, when should stock investors get worried?
  NEW YORK, Feb 18 (Reuters) - As the benchmark 10-year Treasury yield hits its highest levels in a ye
  As U.S. bond yields march higher, when should stock investors get worried?
  126 Comment
  Like
  Share
  Report
No following yet

Most Discussed

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"isCurrentUser":false,"userPageInfo":{"id":"3563884774337718","uuid":"3563884774337718","gmtCreate":1612884222731,"gmtModify":1613732207904,"name":"tamkaize","pinyin":"tamkaize","introduction":"","introductionEn":null,"signature":"","avatar":"https://static.tigerbbs.com/cfa52c49055e835b727f172b3cd808fd","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":2,"headSize":5,"tweetSize":2,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":0,"name":"","nameTw":"","represent":"","factor":"","iconColor":"","bgColor":""},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":"success","userBadges":[{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.11.07","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"972123088c9646f7b6091ae0662215be-1","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Elite Trader","description":"Total number of securities or futures transactions reached 30","bigImgUrl":"https://static.tigerbbs.com/ab0f87127c854ce3191a752d57b46edc","smallImgUrl":"https://static.tigerbbs.com/c9835ce48b8c8743566d344ac7a7ba8c","grayImgUrl":"https://static.tigerbbs.com/76754b53ce7a90019f132c1d2fbc698f","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"60.81%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":3,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":2,"crmLevelSwitch":0,"location":null,"starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"page":1,"watchlist":null,"tweetList":[{"id":199873450713368,"gmtCreate":1689838815604,"gmtModify":1689838847431,"author":{"id":"3563884774337718","authorId":"3563884774337718","name":"tamkaize","avatar":"https://static.tigerbbs.com/cfa52c49055e835b727f172b3cd808fd","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563884774337718","authorIdStr":"3563884774337718"},"themes":[],"htmlText":"Another perspective is that American businesses are investing heavily into Singapore thanks to this free trade agreement, e.g., P&amp;G.","listText":"Another perspective is that American businesses are investing heavily into Singapore thanks to this free trade agreement, e.g., P&amp;G.","text":"Another perspective is that American businesses are investing heavily into Singapore thanks to this free trade agreement, e.g., P&G.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/199873450713368","repostId":"1168203613","repostType":2,"repost":{"id":"1168203613","kind":"news","pubTimestamp":1689831998,"share":"https://ttm.financial/m/news/1168203613?lang=&edition=fundamental","pubTime":"2023-07-20 13:46","market":"sg","language":"en","title":"Americans Unseat Chinese as Top Foreign Homebuyers in Singapore","url":"https://stock-news.laohu8.com/highlight/detail?id=1168203613","media":"Bloomberg","summary":"Americans replaced Chinese as the top foreign buyers of private apartments in Singapore, according to OrangeTee & Tie.Mainland Chinese have been the largest foreign buyer group in the Asian hub since 2016, accelerated by an influx of wealth into the city-state during the pandemic. To keep a lid on prices, the government doubled stamp duties for foreign buyers to 60% — the highest among major markets — and also raised levies for buyers of second homes in late April.Property buyers of certain nati","content":"<html><head></head><body><p>Americans replaced Chinese as the top foreign buyers of private apartments in Singapore, according to OrangeTee &amp; Tie.</p><p>Mainland Chinese have been the largest foreign buyer group in the Asian hub since 2016, accelerated by an influx of wealth into the city-state during the pandemic. To keep a lid on prices, the government doubled stamp duties for foreign buyers to 60% — the highest among major markets — and also raised levies for buyers of second homes in late April.</p><p>Property buyers of certain nationalities including the US, however, are exempt from such tax hikes. They’re given the same stamp duty treatment as Singaporeans due to respective free trade agreements. In the second quarter this year, Americans bought 56 properties, compared with the 51 purchased by Chinese, the OrangeTee &amp; Tie data showed.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/113e9e96aa3a9b0ad7777024d2e5acf2\" tg-width=\"646\" tg-height=\"387\"/></p><p>“Americans may continue to be among the top foreign buyers in Singapore” since they are less affected by the increased taxes, while other foreigners may either wait to purchase properties after becoming permanent residents or switch to buying non-residential properties, said Christine Sun, senior vice president of research and analytics at OrangeTee &amp; Tie.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Americans Unseat Chinese as Top Foreign Homebuyers in Singapore</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmericans Unseat Chinese as Top Foreign Homebuyers in Singapore\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-07-20 13:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-07-20/americans-unseat-chinese-as-top-foreign-homebuyers-in-singapore?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Americans replaced Chinese as the top foreign buyers of private apartments in Singapore, according to OrangeTee & Tie.Mainland Chinese have been the largest foreign buyer group in the Asian hub since ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-07-20/americans-unseat-chinese-as-top-foreign-homebuyers-in-singapore?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.bloomberg.com/news/articles/2023-07-20/americans-unseat-chinese-as-top-foreign-homebuyers-in-singapore?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168203613","content_text":"Americans replaced Chinese as the top foreign buyers of private apartments in Singapore, according to OrangeTee & Tie.Mainland Chinese have been the largest foreign buyer group in the Asian hub since 2016, accelerated by an influx of wealth into the city-state during the pandemic. To keep a lid on prices, the government doubled stamp duties for foreign buyers to 60% — the highest among major markets — and also raised levies for buyers of second homes in late April.Property buyers of certain nationalities including the US, however, are exempt from such tax hikes. They’re given the same stamp duty treatment as Singaporeans due to respective free trade agreements. In the second quarter this year, Americans bought 56 properties, compared with the 51 purchased by Chinese, the OrangeTee & Tie data showed.“Americans may continue to be among the top foreign buyers in Singapore” since they are less affected by the increased taxes, while other foreigners may either wait to purchase properties after becoming permanent residents or switch to buying non-residential properties, said Christine Sun, senior vice president of research and analytics at OrangeTee & Tie.","news_type":1},"isVote":1,"tweetType":1,"viewCount":134,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":387150898,"gmtCreate":1613729689114,"gmtModify":1704884242046,"author":{"id":"3563884774337718","authorId":"3563884774337718","name":"tamkaize","avatar":"https://static.tigerbbs.com/cfa52c49055e835b727f172b3cd808fd","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563884774337718","authorIdStr":"3563884774337718"},"themes":[],"htmlText":"Don't touch bonds. Investing in good companies with intrinsic value like Amazon or Google is much much much better.&nbsp;","listText":"Don't touch bonds. Investing in good companies with intrinsic value like Amazon or Google is much much much better.&nbsp;","text":"Don't touch bonds. Investing in good companies with intrinsic value like Amazon or Google is much much much better.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/387150898","repostId":"1198406125","repostType":4,"repost":{"id":"1198406125","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1613630093,"share":"https://ttm.financial/m/news/1198406125?lang=&edition=fundamental","pubTime":"2021-02-18 14:34","market":"us","language":"en","title":"As U.S. bond yields march higher, when should stock investors get worried?","url":"https://stock-news.laohu8.com/highlight/detail?id=1198406125","media":"Reuters","summary":"NEW YORK, Feb 18 (Reuters) - As the benchmark 10-year Treasury yield hits its highest levels in a ye","content":"<p>NEW YORK, Feb 18 (Reuters) - As the benchmark 10-year Treasury yield hits its highest levels in a year, investors are gauging how high bond yields can rise before they threaten a stock rally that has seen the S&amp;P 500 gain 76% from its March 2020 nadir.</p>\n<p>Bond yields plummeted to record lows after the Federal Reserve cut rates to near-zero in the early days of the coronavirus pandemic, driving money into stocks as investors preached TINA, an acronym for “there is no alternative.”</p>\n<p>With the 10-year yield hovering around 1.3%, that calculus could change for some investors, though there is little consensus on where that tipping point could be.</p>\n<p>A quick jump up in yields “is something that certainly poses a significant risk,” said Padhraic Garvey, head of research, Americas at ING.</p>\n<p>“What we don’t want to see in the very near term is (the 10-year yield) hitting 1.40%, 1.50% and still looking up,” he said, noting it could make equities seem less attractive than safe-haven Treasuries.</p>\n<p>Yields and stocks have risen together over the past year, on optimism that fiscal and monetary stimulus combined with a country-wide vaccination program will drag the U.S. economy out of its pandemic-induced downturn.</p>\n<p>But stocks could start losing their allure if the 10-year yield hit 2%, analysts at JPMorgan said. They expect, however, the 10-year will finish the year at 1.45%.</p>\n<p>“We believe that bond yields are likely to move higher from here, and that the move should be absorbed well by the equity market,” the bank’s analysts wrote in a note earlier this week.</p>\n<p>Citigroup put the tipping point for the 10-year at 1.7%, while Nomura said a 1.5% yield could spark a correction of as much as 8% in stocks.</p>\n<p>Higher yields could be a particular concern if they start to hit the big technology and communications stocks that powered markets higher for much of the last year. Tech and other growth stocks with longer duration cash flows are more sensitive to rising yields as those flows are discounted at higher rates.</p>\n<p>The five largest companies in the S&amp;P 500 by market value - Apple, Microsoft, Amazon, Alphabet and Facebook - account for about 22% of the weight of the benchmark index.</p>\n<p>Still, the equity risk premium, which compares the earnings yield on stocks to the yield on the 10-year Treasury bond, currently favors equities, according to Keith Lerner, chief market strategist at Truist Advisory Services.</p>\n<p>When the equity risk premium historically has been at the level it was on Tuesday, the S&amp;P 500 has beaten the one-year return for the 10-year Treasury note by an average of 3.5%, according to Lerner.</p>\n<p>“If the (earnings) rebound is as strong as is anticipated, then that would bolster the case for stocks,” Lerner said. (Reporting by Kate Duguid and Lewis Krauskopf; Additional reporting by Karen Brettell; Editing by Ira Iosebashvili and Richard Pullin)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>As U.S. bond yields march higher, when should stock investors get worried?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAs U.S. bond yields march higher, when should stock investors get worried?\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-02-18 14:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>NEW YORK, Feb 18 (Reuters) - As the benchmark 10-year Treasury yield hits its highest levels in a year, investors are gauging how high bond yields can rise before they threaten a stock rally that has seen the S&amp;P 500 gain 76% from its March 2020 nadir.</p>\n<p>Bond yields plummeted to record lows after the Federal Reserve cut rates to near-zero in the early days of the coronavirus pandemic, driving money into stocks as investors preached TINA, an acronym for “there is no alternative.”</p>\n<p>With the 10-year yield hovering around 1.3%, that calculus could change for some investors, though there is little consensus on where that tipping point could be.</p>\n<p>A quick jump up in yields “is something that certainly poses a significant risk,” said Padhraic Garvey, head of research, Americas at ING.</p>\n<p>“What we don’t want to see in the very near term is (the 10-year yield) hitting 1.40%, 1.50% and still looking up,” he said, noting it could make equities seem less attractive than safe-haven Treasuries.</p>\n<p>Yields and stocks have risen together over the past year, on optimism that fiscal and monetary stimulus combined with a country-wide vaccination program will drag the U.S. economy out of its pandemic-induced downturn.</p>\n<p>But stocks could start losing their allure if the 10-year yield hit 2%, analysts at JPMorgan said. They expect, however, the 10-year will finish the year at 1.45%.</p>\n<p>“We believe that bond yields are likely to move higher from here, and that the move should be absorbed well by the equity market,” the bank’s analysts wrote in a note earlier this week.</p>\n<p>Citigroup put the tipping point for the 10-year at 1.7%, while Nomura said a 1.5% yield could spark a correction of as much as 8% in stocks.</p>\n<p>Higher yields could be a particular concern if they start to hit the big technology and communications stocks that powered markets higher for much of the last year. Tech and other growth stocks with longer duration cash flows are more sensitive to rising yields as those flows are discounted at higher rates.</p>\n<p>The five largest companies in the S&amp;P 500 by market value - Apple, Microsoft, Amazon, Alphabet and Facebook - account for about 22% of the weight of the benchmark index.</p>\n<p>Still, the equity risk premium, which compares the earnings yield on stocks to the yield on the 10-year Treasury bond, currently favors equities, according to Keith Lerner, chief market strategist at Truist Advisory Services.</p>\n<p>When the equity risk premium historically has been at the level it was on Tuesday, the S&amp;P 500 has beaten the one-year return for the 10-year Treasury note by an average of 3.5%, according to Lerner.</p>\n<p>“If the (earnings) rebound is as strong as is anticipated, then that would bolster the case for stocks,” Lerner said. (Reporting by Kate Duguid and Lewis Krauskopf; Additional reporting by Karen Brettell; Editing by Ira Iosebashvili and Richard Pullin)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198406125","content_text":"NEW YORK, Feb 18 (Reuters) - As the benchmark 10-year Treasury yield hits its highest levels in a year, investors are gauging how high bond yields can rise before they threaten a stock rally that has seen the S&P 500 gain 76% from its March 2020 nadir.\nBond yields plummeted to record lows after the Federal Reserve cut rates to near-zero in the early days of the coronavirus pandemic, driving money into stocks as investors preached TINA, an acronym for “there is no alternative.”\nWith the 10-year yield hovering around 1.3%, that calculus could change for some investors, though there is little consensus on where that tipping point could be.\nA quick jump up in yields “is something that certainly poses a significant risk,” said Padhraic Garvey, head of research, Americas at ING.\n“What we don’t want to see in the very near term is (the 10-year yield) hitting 1.40%, 1.50% and still looking up,” he said, noting it could make equities seem less attractive than safe-haven Treasuries.\nYields and stocks have risen together over the past year, on optimism that fiscal and monetary stimulus combined with a country-wide vaccination program will drag the U.S. economy out of its pandemic-induced downturn.\nBut stocks could start losing their allure if the 10-year yield hit 2%, analysts at JPMorgan said. They expect, however, the 10-year will finish the year at 1.45%.\n“We believe that bond yields are likely to move higher from here, and that the move should be absorbed well by the equity market,” the bank’s analysts wrote in a note earlier this week.\nCitigroup put the tipping point for the 10-year at 1.7%, while Nomura said a 1.5% yield could spark a correction of as much as 8% in stocks.\nHigher yields could be a particular concern if they start to hit the big technology and communications stocks that powered markets higher for much of the last year. Tech and other growth stocks with longer duration cash flows are more sensitive to rising yields as those flows are discounted at higher rates.\nThe five largest companies in the S&P 500 by market value - Apple, Microsoft, Amazon, Alphabet and Facebook - account for about 22% of the weight of the benchmark index.\nStill, the equity risk premium, which compares the earnings yield on stocks to the yield on the 10-year Treasury bond, currently favors equities, according to Keith Lerner, chief market strategist at Truist Advisory Services.\nWhen the equity risk premium historically has been at the level it was on Tuesday, the S&P 500 has beaten the one-year return for the 10-year Treasury note by an average of 3.5%, according to Lerner.\n“If the (earnings) rebound is as strong as is anticipated, then that would bolster the case for stocks,” Lerner said. (Reporting by Kate Duguid and Lewis Krauskopf; Additional reporting by Karen Brettell; Editing by Ira Iosebashvili and Richard Pullin)","news_type":1},"isVote":1,"tweetType":1,"viewCount":126,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"following","isTTM":true}