10-Year Yields Being this High isn't Bullish I Know
10-Year Yields being this high isn't bullish I know.
But it doesn't trump the fact that we have companies like $NVIDIA(NVDA)$ literally forecasting FY28 revenue to be 60% higher than the Street.
Remember 30-Year Yields hit 5.09% in October 2023.
Were people panicking about yields then? Yes.
Have people now missed out on generational runs because their focus was on the wrong thing? Yes.
Don't lose focus on the unfathomable numbers we're likely to see in FY27-FY29 because you're being distracted by this constant bearish yield narrative.
I remain long and I'll be happy buying up some quality names if markets stay spooked about the macro.
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