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Fundstrat warns against panic over surging bond yields
Fundstrat’s Mark Newton argues that technical conditions suggest the stock selloff linked to rising bond yields may not deepen further.
MarketWatch reports that Fundstrat’s Mark Newton is cautioning investors against expecting a deeper stock downturn amid a bond selloff and rising yields.
Newton’s view, as described by MarketWatch, is that surging bond yields are rattling markets but do not yet signal the kind of broader stock rout some investors fear.
MarketWatch says Newton supports his stance with technical evidence rather than a fundamental change, positioning the current selloff as one investors should not automatically treat as the start of a larger decline.