Treasury Yields Surge to 4.32-4.34%, Crushing High-PEG Tech Valuations
The 10-Year Treasury yield has climbed from 3.97% to 4.32-4.34%, triggering valuation compression across high-growth technology stocks. Lightspeed Commerce fell 5.58% and Autodesk dropped 3.45% on May 12 while the broader market rose. Stocks with elevated PEG ratios face the sharpest repricing as rate expectations reset.
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