Welcome to 2 Question Tuesday. This week’s client submitted questions were:

1. How high will bond yields rise?
2. Will rate hikes cause the tech rally to sell off?

Phil, Mike, and Larry discuss what caused last week’s surge in bond yields with the 2-year U.S. Treasury note crossing 5% and the 10-year bond hitting 4%, and forecast how high yields will go. They then address the decline in stocks since the beginning of July, and will the artificial intelligence-tech rally fizzle out with more rate hikes?

Submit your questions to question@2questiontuesday.com

As always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.