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MAW Series includes topic-wise comprehensive GS 1, 2, 3, and 4 answer-writing sessions, along with handwritten model answers!

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πŸ‘‰πŸ»VETERANS:
If you are consistently missing the interview call by a narrow margin, you might be missing the finesse. This series will help you perfect that touch.

πŸ‘‰πŸ»BEGINNERS:
If you're just starting out with answer writing, this series will guide you from the basics to advanced levels and help you overcome your fear of answer writing forever.

πŸ‘‰πŸ» State PCS Students
This course can prove to be game changer in the Exams with similar syllabus that of UPSC CSE!

πŸ’‘ To Know More:
convertias.com/subscription-details/mentored_answer_writing
(Unlimited Plan Students need not join separately.)



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πŸ”₯ GET THE MISSING TOUCH IN YOUR ANSWER WRITING!

MAW Series includes topic-wise comprehensive GS 1, 2, 3, and 4 answer-writing sessions, along with handwritten model answers!

🀝 WHO SHOULD JOIN?

πŸ‘‰πŸ»VETERANS:
If you are consistently missing the interview call by a narrow margin, you might be missing the finesse. This series will help you perfect that touch.

πŸ‘‰πŸ»BEGINNERS:
If you're just starting out with answer writing, this series will guide you from the basics to advanced levels and help you overcome your fear of answer writing forever.

πŸ‘‰πŸ» State PCS Students
This course can prove to be game changer in the Exams with similar syllabus that of UPSC CSE!

πŸ’‘ To Know More:
convertias.com/subscription-details/mentored_answer_writing
(Unlimited Plan Students need not join separately.)

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Convert IAS Mains Answers Evaluation& 33; Telegram | DID YOU KNOW?

Date: |

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.

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