SocGen’s Bokobza Says 5.5% Treasury Yield Would Crack Equities

SocGen’s Bokobza Says 5.5% Treasury Yield Would Crack Equities →

A 10-year US Treasury yield of 5.5% represents the threshold at which higher borrowing costs would overwhelm earnings growth and begin to pressure equity valuations, according to Alain Bokobza, head of global asset allocation at Societe Gen…