(Bloomberg) - Long term interest rates in the U.S. have been heading higher. Yields on 10-year Treasury notes have risen almost half a percentage tojust under 4.70% this week. That’s the highest since January 2025. This raises some obvious questions, such as what’s driving the rise and are the reasons mainly cyclical or should they be viewed as systemic and of deeper concern?
Credit Suisse thinks stocks are heading even higher in 2021 in the wake of the Georgia Senate runoff races, as Wall Street strategists increasingly warm to the prospect of a unified Democratic…
