Societe Generale warns that US Treasury yields above 4.5% may hurt equities, as the 10-year nears that threshold and the 30-year tops 5% for the first time since 2007.

Societe Generale warns that US Treasury yields above 4.5% may hurt equities, as the 10-year nears that threshold and the 30-year tops 5% for the first time since 2007.

The 10-year US Treasury yield is nearing 4.5%, a critical level pressuring stocks, growth equities, and crypto assets like Bitcoin and Ethereum.