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Strategist points to potential 10-year yield fall for home builders

Michael Darda expects the 10-year Treasury yield to decline, framing beleaguered home builders as the key beneficiaries.

Reported · Written up by our desk · Sectors

MarketWatch highlights a strategist view from Michael Darda that weakness in the bond market could support a pullback in the 10-year Treasury yield.

According to MarketWatch, Darda argues that if the 10-year yield falls, it creates a favorable setup for home builders that have been under pressure.

The strategist’s takeaway is that the “unloved” homebuilding sector may benefit from easier bond-market conditions, with the yield move acting as the central link in the thesis.

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