FZ COLLECTION: HANDBAG, KASUT, JAMTANGAN READY STOCK

FZ COLLECTION: HANDBAG, KASUT, JAMTANGAN READY STOCK

FZ COLLECTION: HANDBAG, KASUT, JAMTANGAN READY STOCK Telegram | DID YOU KNOW?

For tech stocks, “the main thing is yields,” Essaye said. In the United States, Telegram's lower public profile has helped it mostly avoid high level scrutiny from Congress, but it has not gone unnoticed. 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. "The argument from Telegram is, 'You should trust us because we tell you that we're trustworthy,'" Maréchal said. "It's really in the eye of the beholder whether that's something you want to buy into."
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