
Risk
Could the 3% Yield Be the Trigger for the Bond Rally?
One school of thought: the 10-year Treasury hitting that level signals a growth slowdown.
The firm’s Mike Wilson urges the use of a ‘barbell strategy’ to cushion the blow from a downturn—or higher rates.
The Wall Street house gives its semi-annual picks on what can do well in any economy.
Rotation blues: Tech, small-caps, and utilities are off now, with homebuilders among those that could get dumped next.