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Closelook at US Stock Markets - Post 06

Why a NASDAQ buy signal may be flashing shortly

Thomas Look's avatar
Thomas Look
Aug 22, 2023
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Photo by Frank McKenna / Unsplash.com

The 10-and 20-year US T-Bond yields continued to rise yesterday, but risk-on equities led by the MegaCap-8 stocks rallied.

The bond yield is returning to normality, and risk-on equities will be able to cope with higher yields.

What happened?

Yields are returning to the levels seen before the 15-year period spanning the …

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