The rate trade is back in focus for stock investors
Wall Street is worried that the rate trade could drag down stocks. The 10-year Treasury yield (^TNX) has risen roughly 25 basis points in the last 10 days alone. It’s now hovering around 4.32%, just shy of levels Morgan Stanley chief investment officer Mike Wilson recently noted could be a critical level for stock investors.
These mutual-fund and ETF investing tips can give your portfolio new momentum
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