Another nail in the coffin.
The "Risk-Free" Rate: It is the primary rate used in Discounted Cash Flow (DCF) models to value stocks. When the 10-year yield goes up, the future cash flows of growth stocks are discounted more heavily, causing their valuations to drop.
The "Risk-Free" Rate: It is the primary rate used in Discounted Cash Flow (DCF) models to value stocks. When the 10-year yield goes up, the future cash flows of growth stocks are discounted more heavily, causing their valuations to drop.
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