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Equity, crypto rallies suggest bond-yield surge is transitory: Tom Lee

Equity, crypto rallies suggest bond-yield surge is transitory: Tom Lee

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Tom Lee, Head of Research at Fundstrat and Bitmine Chairman, says market concerns about the rise in U.S. bond yields are overblown and may be transitory, pointing to all-time highs in the Nasdaq and a rally in crypto. He adds that equities can tolerate 5% yields while real growth remains strong.

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