@everyone Due to malicious reports, our official Twitter account has been suspended. In order to stay connected with you, we have created a new official Twitter account under the username @BIB_VIP.
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New Official Twitter Account: @BIB_VIP Feel free to follow us for updates
@everyone Due to malicious reports, our official Twitter account has been suspended. In order to stay connected with you, we have created a new official Twitter account under the username @BIB_VIP.
Please be vigilant and verify the sender's identity for any messages related to our official account to avoid unnecessary impacts. If you have any questions or concerns, feel free to reach out to us through the new account @BIB_VIP.
We appreciate your ongoing support and will continue to provide you with the latest industry updates and services. Thank you!
Best regards,
BIB Exchange Team
New Official Twitter Account: @BIB_VIP Feel free to follow us for updates
BY BIB Announcements Official
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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.
Launched in 2013, Telegram allows users to broadcast messages to a following via “channels”, or create public and private groups that are simple for others to access. Users can also send and receive large data files, including text and zip files, directly via the app.The platform said it has more than 500m active users, and topped 1bn downloads in August, according to data from SensorTower.BIB Announcements Official from tr
