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Tech Earnings Jitters Push Investors Into Bonds

Original: Tech Earnings Spook Wall Street, Bonds Say ‘Trick or Treat? Definitely Treat! Quick recap, no tricks: When bond prices g

Disappointing tech earnings are unsettling Wall Street, with investors moving money out of stocks and into bonds. Rising bond prices are pushing yields down, and mortgage rates are following lower, according to mortgage industry commentary. The shift has given borrowers a small break even as equity markets wobble, prompting talk of a possible broader rotation away from tech stocks.

Why now: Weak or worrying Big Tech earnings reports are driving a flight from stocks into bonds, lowering yields and mortgage rates.

Wall StreetBig Tech companiesUS bond marketmortgage market

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