BTIG expressed conviction that equities might have another downturn that could be more significant than bonds bottoming out. Moreover, they speculate that a new high in yields could be perceived as risk-off by the market.

G'day, mooers! Check out the latest news on today's stock market!
• US stocks finish lower last week, deepening August slump
• ASX falls; Iress shares sink; Premier soars 10%
• Stocks to watch: Iress, a2 Milk, Premier Investments
- Moomoo News AU
Wall Street Summary
Major U.S. stock indexes shed more than 2% this week, deepening their August slump, while Treasury yields touched their highest levels in years.
U.S. government bond yields on Friday fell bac...

G'day, mooers! Check out the latest news on today's stock market!
• S&P 500 turns positive, Treasury yields extend gains
• ASX 200 fell 0.3%, weighed down by industrials and consumer discretionary stocks
• Stocks to watch: Aurizon, JB Hi-Fi, Fletcher Building
- Moomoo News AU
Wall Street Summary
Wall Street's main indices finished mixed as investors weighed upbeat consumer sentiment data, rising bond yields and mostly disappoint...