PRESS ROOM
Stock markets remain jittery over rising US Treasury yields
Thursday 04th March '21
US equity markets remain under the shadow of rising long term Treasury yields. Since the second half of February, the pullback has been more pronounced in the tech-heavy NASDAQ Composite Index compared to the S&P 500 Index. A similar effect has been visible in global equities, where growth stocks have taken a harder hit compared to value stocks in recent weeks. As of 03 March, the MSCI World Growth Index is up 0.7%, while the MSCI World Value Index has gained 5.1%.