U.S. 10-Year Treasury Yield not at Levels to Trigger Stock Selloff, BofA Survey Says
Dow Jones
Yesterday
1011 GMT - The U.S. 10-year Treasury yield hasn't reached levels where investors would offload stocks for bonds, Bank of America's October global fund manager survey finds. "Investors say 5.9% is 10-year Treasury yield required to flip from stocks to bonds," the survey says. The 10-year Treasury yield hit a 24-year high of 5.365% last Wednesday. It last trades 5 basis points lower at 5.193%, according to Tradeweb.
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