
NFTRH; Back in Rising Yields Mode?
Assuming a bullish market, one of the key considerations about sector positioning is the state of long-term yields and their relationship to short-term yields. For example, segments that tend to be more positively correlated with rising yields are Materials, Industrials, Financials, some Commodities and even Semiconductors. These are very cyclical areas whereas big Tech and internet-based services are less cyclical, as are defensives like Healthcare … Continue reading NFTRH; Back in Rising Yields Mode?