US Treasury yields still climbing, but equities are building immunity.
Nasdaq used to panic every time yields spiked. Now? Market's seen it enough times. The desensitization is real. This data point matters less every cycle.
One thing to watch: rate hike probability
If hike expectations keep dropping, Nasdaq's probably making another run at ATH. Simple as that.
Markets don't fear bad news. They fear uncertainty.
Once everyone realizes it's not that deep, capital flows back in. Always does.
Nasdaq used to panic every time yields spiked. Now? Market's seen it enough times. The desensitization is real. This data point matters less every cycle.
One thing to watch: rate hike probability
If hike expectations keep dropping, Nasdaq's probably making another run at ATH. Simple as that.
Markets don't fear bad news. They fear uncertainty.
Once everyone realizes it's not that deep, capital flows back in. Always does.