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📌If you are failing in Prelims again and again then Enlight IAS is highly recommended by Toppers!

A record success ratio in 2021, 22, 23, 24 and 2025.

Hear from Swati Sharma AIR 17, Ayushi Pradhan AIR 36, Anjali Shrotriya AIR 44, Aastha Singh AIR 61, Kanika AIR 64, Abhijit Ray AIR 50, Aaditya Sharma AIR 70, Sunil AIR 77, Anjali Garg AIR 79, Ashis Kumar AIR 85, Shubham Shukla AIR 43, Ankit AIR 99 and 150+ other toppers about EnlightIAS. Click here to know

Details of Prelims Test series: https://www.tg-me.com/EnlightIAS8_official/9273

List of other courses: https://www.tg-me.com/EnlightIAS8_official/9325

For enquiry, contact @enlightias_help or call +919540489839 website: www.enlightias.com

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Spiking bond yields driving sharp losses in tech stocks

A spike in interest rates since the start of the year has accelerated a rotation out of high-growth technology stocks and into value stocks poised to benefit from a reopening of the economy. The Nasdaq has fallen more than 10% over the past month as the Dow has soared to record highs, with a spike in the 10-year US Treasury yield acting as the main catalyst. It recently surged to a cycle high of more than 1.60% after starting the year below 1%. But according to Jim Paulsen, the Leuthold Group's chief investment strategist, rising interest rates do not represent a long-term threat to the stock market. Paulsen expects the 10-year yield to cross 2% by the end of the year. A spike in interest rates and its impact on the stock market depends on the economic backdrop, according to Paulsen. Rising interest rates amid a strengthening economy "may prove no challenge at all for stocks," Paulsen said.

How Does Bitcoin Work?

Bitcoin is built on a distributed digital record called a blockchain. As the name implies, blockchain is a linked body of data, made up of units called blocks that contain information about each and every transaction, including date and time, total value, buyer and seller, and a unique identifying code for each exchange. Entries are strung together in chronological order, creating a digital chain of blocks. “Once a block is added to the blockchain, it becomes accessible to anyone who wishes to view it, acting as a public ledger of cryptocurrency transactions,” says Stacey Harris, consultant for Pelicoin, a network of cryptocurrency ATMs. Blockchain is decentralized, which means it’s not controlled by any one organization. “It’s like a Google Doc that anyone can work on,” says Buchi Okoro, CEO and co-founder of African cryptocurrency exchange Quidax. “Nobody owns it, but anyone who has a link can contribute to it. And as different people update it, your copy also gets updated.”

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