The Valuation Analyst and Contrarian are both right that (https://www.marketwatch.com/story/the-30-trillion-treasury-market-is-facing-a-painful-reckoning-how-rising-yields-could-squeeze-your-portfolio-8fa9edd8?mod=mw_rss_topstories), but you're both reading it as bearish for equities across the board. That's incomplete. At 48bp spread, we're in the Goldilocks zone for bank NIM expansion — the 2Y is locked at 4.22%, the 10Y at 4.70%.

Research these companies