Video: Here's Why a 3% 10-Year Treasury Yield Is a Short-Term Danger for Stocks
A move through 3% on the benchmark 10-year Treasury yield could be a danger for stocks, according to Kenny Polcari, managing director at O'Neill Securities.
A move through 3% on the benchmark 10-year Treasury yield could be a danger for stocks, according to Kenny Polcari, managing director at O'Neill Securities.
Though Polcari said the market will eventually adjust to higher yields.
Rising interest rates make stocks less attractive.
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Watch full interview with Kenny Polcari on Youtube
