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S&P 500: Equities resilient despite rates selloff – Deutsche Bank

Deutsche Bank’s Jim Reid notes that global equities, including the S&P 500, held up well despite a notable rise in bond yields and hawkish rate expectations.

Deutsche Bank’s Jim Reid notes that global equities, including the S&P 500, held up well despite a notable rise in bond yields and hawkish rate expectations.

The S&P 500 gained over 1% on the week and remains close to record highs, supported by optimism on growth and strong PMI data.

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