Nasdaq 100 May Outperform the Dow Jones as Treasury Yield Curve

Margaret Yang, Strategist Nasdaq 100 May Outperform the Dow Jones as Treasury Yield Curve Flattens


Chart by Margaret Yang, Created with TradingView

Comment:

‘flattening Treasury yield curve makes the tech-heavy index more appealing when the front-end borrowing costs rise faster than the longer-end rates.’

‘, if the inflationary pressures become sticky and persisting, longer-dated yields may start to catch up with front-end rates, resulting in a steepening yield curve.’