{"id":78357,"date":"2018-05-17T06:16:43","date_gmt":"2018-05-17T06:16:43","guid":{"rendered":"http:\/\/www.bnreport.com\/us-yields-at-3-5-would-spur-stock-exodus-credit-suisse\/"},"modified":"2018-05-17T06:16:43","modified_gmt":"2018-05-17T06:16:43","slug":"us-yields-at-3-5-would-spur-stock-exodus-credit-suisse","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/us-yields-at-3-5-would-spur-stock-exodus-credit-suisse\/","title":{"rendered":"US yields at 3.5% would spur stock exodus: Credit Suisse"},"content":{"rendered":"

New York: With the yield<\/a> on US 10-year Treasuries surging to their highest level in nearly seven years, investors are starting to wonder what will be the threshold triggering a big rotation out of equities and into bonds. Credit Suisse Group AG says were getting dangerously close to the level, yet yields could stall for a while. <\/p>\n

This years rise in the yield \u2014 trading at 3.08 per cent on Wednesday \u2014 has derailed the stock market<\/a> rally in both the US and Europe, sparking worries over corporate borrowing costs and making the equity asset class less attractive than fixed-income assets overall. <\/p>\n

\u201cTreasury yields at 3.5 per cent would push people out of stocks<\/a> and back into the Treasuries,\u201d Michael OSullivan, chief investment officer for International Wealth Management at Credit Suisse in Zurich, said in a phone interview. OSullivan, who helps oversee about 760 billion Swiss francs ($758 billion) in invested assets, said the exodus from equity funds hasnt started yet, but should become visible when the yield reaches 3.2-3.3 per cent. <\/p>\n

Bond yields have been advancing this year, lifted by robust US economic data as well as by worries over a potential pick-up in inflation<\/a> and the pace of US Federal Reserve rate increases. The move has rattled equity markets<\/a>, in particular sectors seen as bond proxies such as telecoms and utilities. <\/p>\n

While most investors expect higher rates this year, the debate has shifted to the extent of the advance, with JPMorgan Chase & Cos Jamie Dimon and Franklin Templeton suggesting yields are heading toward 4 per cent. According to the latest fund manager survey from Bank of America-Merrill Lynch, asset managers are waiting for the yield to hit 3.6 per cent to reallocate from stocks to bonds. <\/p>\n

While the yield seems unstoppable at this point, Credit Suisses OSullivan sees a pause in the coming months as investor focus is set to shift toward risks such as the US fiscal deficit<\/a>. This should limit the upside in the yield to around 3.2 per cent this year, while the US dollar should fall back. <\/p>\n

<\/a><\/strong> <\/a><\/p>\n

Original Article<\/a><\/p>\n

[contf]
\n[contfnew]
\n <\/p>\n

ET Markets<\/a><\/h5>\n

[contfnewc]
\n[contfnewc]<\/p>\n","protected":false},"excerpt":{"rendered":"

New York: With the yield on US 10-year Treasuries surging to..<\/p>\n","protected":false},"author":1,"featured_media":78358,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[202],"tags":[],"class_list":["post-78357","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"\nUS yields at 3.5% would spur stock exodus: Credit Suisse - Business News Report<\/title>\n<meta name=\"description\" content=\"New York: With the yield on US 10-year Treasuries surging to..\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bnreport.com\/en\/us-yields-at-3-5-would-spur-stock-exodus-credit-suisse\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"US yields at 3.5% would spur stock exodus: Credit Suisse - Business News Report\" \/>\n<meta property=\"og:description\" content=\"New York: With the yield on US 10-year Treasuries surging to..\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.bnreport.com\/en\/us-yields-at-3-5-would-spur-stock-exodus-credit-suisse\/\" \/>\n<meta property=\"og:site_name\" content=\"Business News Report\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/\" \/>\n<meta property=\"article:published_time\" content=\"2018-05-17T06:16:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/05\/trading-floor-stocks-th.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"672\" \/>\n\t<meta property=\"og:image:height\" content=\"504\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"infopal11\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@BNReport\" \/>\n<meta name=\"twitter:site\" content=\"@BNReport\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"infopal11\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/us-yields-at-3-5-would-spur-stock-exodus-credit-suisse\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/us-yields-at-3-5-would-spur-stock-exodus-credit-suisse\\\/\"},\"author\":{\"name\":\"infopal11\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/person\\\/19d1c5a2dd7f60584a09de4a7805d68f\"},\"headline\":\"US yields at 3.5% would spur stock exodus: Credit Suisse\",\"datePublished\":\"2018-05-17T06:16:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/us-yields-at-3-5-would-spur-stock-exodus-credit-suisse\\\/\"},\"wordCount\":352,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/us-yields-at-3-5-would-spur-stock-exodus-credit-suisse\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2018\\\/05\\\/trading-floor-stocks-th.jpg\",\"articleSection\":[\"Finance\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.bnreport.com\\\/en\\\/us-yields-at-3-5-would-spur-stock-exodus-credit-suisse\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/us-yields-at-3-5-would-spur-stock-exodus-credit-suisse\\\/\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/us-yields-at-3-5-would-spur-stock-exodus-credit-suisse\\\/\",\"name\":\"US yields at 3.5% would spur stock exodus: Credit Suisse - Business News Report\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/us-yields-at-3-5-would-spur-stock-exodus-credit-suisse\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/us-yields-at-3-5-would-spur-stock-exodus-credit-suisse\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2018\\\/05\\\/trading-floor-stocks-th.jpg\",\"datePublished\":\"2018-05-17T06:16:43+00:00\",\"description\":\"New York: With the yield on US 10-year Treasuries surging to..\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/us-yields-at-3-5-would-spur-stock-exodus-credit-suisse\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.bnreport.com\\\/en\\\/us-yields-at-3-5-would-spur-stock-exodus-credit-suisse\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/us-yields-at-3-5-would-spur-stock-exodus-credit-suisse\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2018\\\/05\\\/trading-floor-stocks-th.jpg\",\"contentUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2018\\\/05\\\/trading-floor-stocks-th.jpg\",\"width\":672,\"height\":504},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/us-yields-at-3-5-would-spur-stock-exodus-credit-suisse\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"\u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629\",\"item\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"US yields at 3.5% would spur stock exodus: Credit Suisse\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\",\"name\":\"Business News Report\",\"description\":\"Latest News on the World of Politics & Business\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\",\"name\":\"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/LOGO2.png\",\"contentUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/LOGO2.png\",\"width\":200,\"height\":50,\"caption\":\"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/Business-NewsReport-328225811095934\\\/\",\"https:\\\/\\\/x.com\\\/BNReport\",\"https:\\\/\\\/www.instagram.com\\\/business.newsreport\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/person\\\/19d1c5a2dd7f60584a09de4a7805d68f\",\"name\":\"infopal11\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/author\\\/infopal11\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"US yields at 3.5% would spur stock exodus: Credit Suisse - Business News Report","description":"New York: With the yield on US 10-year Treasuries surging to..","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.bnreport.com\/en\/us-yields-at-3-5-would-spur-stock-exodus-credit-suisse\/","og_locale":"en_US","og_type":"article","og_title":"US yields at 3.5% would spur stock exodus: Credit Suisse - Business News Report","og_description":"New York: With the yield on US 10-year Treasuries surging to..","og_url":"https:\/\/www.bnreport.com\/en\/us-yields-at-3-5-would-spur-stock-exodus-credit-suisse\/","og_site_name":"Business News Report","article_publisher":"https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/","article_published_time":"2018-05-17T06:16:43+00:00","og_image":[{"width":672,"height":504,"url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/05\/trading-floor-stocks-th.jpg","type":"image\/jpeg"}],"author":"infopal11","twitter_card":"summary_large_image","twitter_creator":"@BNReport","twitter_site":"@BNReport","twitter_misc":{"Written by":"infopal11","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.bnreport.com\/en\/us-yields-at-3-5-would-spur-stock-exodus-credit-suisse\/#article","isPartOf":{"@id":"https:\/\/www.bnreport.com\/en\/us-yields-at-3-5-would-spur-stock-exodus-credit-suisse\/"},"author":{"name":"infopal11","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/person\/19d1c5a2dd7f60584a09de4a7805d68f"},"headline":"US yields at 3.5% would spur stock exodus: Credit Suisse","datePublished":"2018-05-17T06:16:43+00:00","mainEntityOfPage":{"@id":"https:\/\/www.bnreport.com\/en\/us-yields-at-3-5-would-spur-stock-exodus-credit-suisse\/"},"wordCount":352,"commentCount":0,"publisher":{"@id":"https:\/\/www.bnreport.com\/en\/#organization"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/us-yields-at-3-5-would-spur-stock-exodus-credit-suisse\/#primaryimage"},"thumbnailUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/05\/trading-floor-stocks-th.jpg","articleSection":["Finance"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.bnreport.com\/en\/us-yields-at-3-5-would-spur-stock-exodus-credit-suisse\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.bnreport.com\/en\/us-yields-at-3-5-would-spur-stock-exodus-credit-suisse\/","url":"https:\/\/www.bnreport.com\/en\/us-yields-at-3-5-would-spur-stock-exodus-credit-suisse\/","name":"US yields at 3.5% would spur stock exodus: Credit Suisse - Business News Report","isPartOf":{"@id":"https:\/\/www.bnreport.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.bnreport.com\/en\/us-yields-at-3-5-would-spur-stock-exodus-credit-suisse\/#primaryimage"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/us-yields-at-3-5-would-spur-stock-exodus-credit-suisse\/#primaryimage"},"thumbnailUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/05\/trading-floor-stocks-th.jpg","datePublished":"2018-05-17T06:16:43+00:00","description":"New York: With the yield on US 10-year Treasuries surging to..","breadcrumb":{"@id":"https:\/\/www.bnreport.com\/en\/us-yields-at-3-5-would-spur-stock-exodus-credit-suisse\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.bnreport.com\/en\/us-yields-at-3-5-would-spur-stock-exodus-credit-suisse\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.bnreport.com\/en\/us-yields-at-3-5-would-spur-stock-exodus-credit-suisse\/#primaryimage","url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/05\/trading-floor-stocks-th.jpg","contentUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/05\/trading-floor-stocks-th.jpg","width":672,"height":504},{"@type":"BreadcrumbList","@id":"https:\/\/www.bnreport.com\/en\/us-yields-at-3-5-would-spur-stock-exodus-credit-suisse\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"\u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629","item":"https:\/\/www.bnreport.com\/en\/"},{"@type":"ListItem","position":2,"name":"US yields at 3.5% would spur stock exodus: Credit Suisse"}]},{"@type":"WebSite","@id":"https:\/\/www.bnreport.com\/en\/#website","url":"https:\/\/www.bnreport.com\/en\/","name":"Business News Report","description":"Latest News on the World of Politics & Business","publisher":{"@id":"https:\/\/www.bnreport.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.bnreport.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.bnreport.com\/en\/#organization","name":"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a","url":"https:\/\/www.bnreport.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/12\/LOGO2.png","contentUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/12\/LOGO2.png","width":200,"height":50,"caption":"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/","https:\/\/x.com\/BNReport","https:\/\/www.instagram.com\/business.newsreport"]},{"@type":"Person","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/person\/19d1c5a2dd7f60584a09de4a7805d68f","name":"infopal11","url":"https:\/\/www.bnreport.com\/en\/author\/infopal11\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts\/78357","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/comments?post=78357"}],"version-history":[{"count":0,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts\/78357\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/media\/78358"}],"wp:attachment":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/media?parent=78357"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/categories?post=78357"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/tags?post=78357"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}