RBC’s Calvasina Says 5% Yield Would Challenge US Stock Bulls

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• BloombergLean L·2h ago

  RBC’s Calvasina Says 5% Yield Would Challenge US Stock Bulls

  Bullish calls on US stocks will be challenged if benchmark Treasury yields hit 5%, a level that usually depresses price-to-earnings ratios, according to Lori Calvasina, head of US equity strategy at RBC Capital Markets LLC.

  Read at Bloomberg →