As Treasury yields head towards five percent, LPL Financial Chief Technical Strategist Adam Turnquist joins Yahoo Finance Live to discuss investment strategies amid market volatility.
Investors “should consider locking in some of these interest rates… I think it’s an attractive time to lock in some of these yields,” Turnquist says, “[as] you don’t have to take a lot of duration risk… you also don’t have to go into the high yield space.”
Turnquist adds that “big picture… I think for the S&P 500, as long as the 10-year continues to trend higher, I think it’s going to be a struggle for upside momentum to continue for stocks.”
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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