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That hurt tech stocks. For the past few weeks, the 10-year yield has traded between 1.72% and 2%, as traders moved into the bond for safety when Russia headlines were ugly—and out of it when headlines improved. Now, the yield is touching its pandemic-era high. If the yield breaks above that level, that could signal that it’s on a sustainable path higher. Higher long-dated bond yields make future profits less valuable—and many tech companies are valued on the basis of profits forecast for many years in the future. Again, in contrast to Facebook, Google and Twitter, Telegram's founder Pavel Durov runs his company in relative secrecy from Dubai. I want a secure messaging app, should I use Telegram? "Your messages about the movement of the enemy through the official chatbot … bring new trophies every day," the government agency tweeted. "Markets were cheering this economic recovery and return to strong economic growth, but the cheers will turn to tears if the inflation outbreak pushes businesses and consumers to the brink of recession," he added.
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Tech Uday PivotTechnical Analyst | BankNifty Option | Service Provider | Index
All CALL/PUT are from BUY side.
Disclaimer-: Not Liable For Profit/Loss.
ALL DETAILS - https://wa.me/919508977511
All CALL/PUT are from BUY side.
Disclaimer-: Not Liable For Profit/Loss.
ALL DETAILS - https://wa.me/919508977511
Tech Uday Pivot
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