Rising Yields Pose Risk to Equity Valuations, RBC BlueBay Says

Mike Bell, head of market strategy at RBC BlueBay Asset Management, discusses the outlook for bond yields, equity valuations and the artificial intelligence trade. "The equity risk premium is very compressed," Bell says on Bloomberg Television. "Any moves higher in bond yields are going to push that earnings yield up and therefore valuations on stocks down," he adds. (Source: Bloomberg)

Read it at Bloomberg Technology ↗

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