Equities can withstand recent rise in yields, says UBS By Investing.com
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 20 2024
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Source: Investing.com
US Treasury Yields and Equity Market: US Treasury yields have moderated, with the 10-year note yield decreasing to around 4.38%, yet remaining significantly higher since October. Despite rising yields typically challenging equities, the S&P 500 has stayed strong, supported by expectations of economic growth and enthusiasm for AI, which has helped offset the impact of higher yields.
UBS Outlook on Equities: UBS maintains a positive outlook for equities, predicting the S&P 500 will reach 6,600 by the end of 2025, a 12% increase from current levels. They recommend diversified investments in Asia (excluding Japan) and European small- and mid-cap stocks, as well as Swiss high-quality dividend stocks.
Analyst Views on AAXJ
Wall Street analysts forecast AAXJ stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AAXJ is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
