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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 to Use Bitcoin?

n the U.S. people generally use Bitcoin as an alternative investment, helping diversify a portfolio apart from stocks and bonds. You can also use Bitcoin to make purchases, but the number of vendors that accept the cryptocurrency is still limited. Big companies that accept Bitcoin include Overstock, AT&T and Twitch. You may also find that some small local retailers or certain websites take Bitcoin, but you’ll have to do some digging. That said, PayPal has announced that it will enable cryptocurrency as a funding source for purchases this year, financing purchases by automatically converting crypto holdings to fiat currency for users. “They have 346 million users and they’re connected to 26 million merchants,” says Spencer Montgomery, founder of Uinta Crypto Consulting. “It’s huge.”

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