Ed Yardeni Says Stocks Could Face Trouble If Bond Yields Hit 6% — ‘We’d All Start To Get Concerned’
Ed Yardeni, President of Yardeni Research, on Friday warned that the momentum in equities could face headwinds if bond yields soar to 6%.During an interview with CNBC, the economist said the backdrop remains supportive for equities, even as investors watch bond yields, oil prices, inflation and the…