Highlights
- The 10-year Treasury yield is approaching 5%, but the preferred strategy remains buying bonds near 5% and selling near 3.5% until the trend definitively changes.
- Despite rising rates, growth stocks continue leading value stocks since ChatGPT’s 2022 debut, breaking the historical relationship between yields and style performance.
- MOTR Risk Gauge signals stronger conditions for growth than value with Growth in long-term 'Risk On', while Value languishes in a 'Mixed' regime.
- Market health remains constructive; weakness is viewed as. . .
