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Jim Cramer says this is the key force driving stocks right now
Cramer said the 30-year Treasury yield, now near 5.3%, is making bonds more attractive and raising borrowing costs for companies like airlines.
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Jim Cramer Flips the Script: Why Older Investors Should Ditch Growth Stocks for 30-Year Treasuries
Jim Cramer just told retirees holding Nvidia and Apple to reconsider what "safe" actually means, and the math behind his argument is harder to dismiss than it sounds.
·Lakewood, United States
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Jim Cramer Says Forget Stocks, the 30-Year Treasury Is King Right Now
Mad Money host Jim Cramer says the 30-year Treasury, not company fundamentals, is now the single force driving stock prices. He points to a yield near 5.3% squeezing housing, borrowing costs, and equity valuations. Cramer recalled a lesson from his early Goldman Sachs days. An instructor corrected...
Coverage Details
Total News Sources4
Leaning Left1Leaning Right0Center1Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
Factuality
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