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SocGen’s Bokobza Says 5.5% Treasury Yield Would Crack Equities

Key Points

A 10-year US Treasury yield of 5.5% represents the threshold at which higher borrowing costs would overwhelm earnings growth and begin to pressure equity valuations, according to Alain Bokobza, head of global asset allocation at Societe Generale SA.

A 10-year US Treasury yield of 5.5% represents the threshold at which higher borrowing costs would overwhelm earnings growth and begin to pressure equity valuations, according to Alain Bokobza, head of global asset allocation at Societe Generale SA.
SocGen (ORG) Bokobza (ORG) Treasury (ORG) US Treasury (ORG) Alain Bokobza (PERSON) Societe Generale SA (ORG)
Originally published by Bloomberg Markets Read original →