Jefferies’ Chris Wood sees a structural bear market in US bonds. What it means for stocks and gold

Jefferies warned that persistent pressure on US Treasury yields could create a challenging environment for equity markets, particularly for bond-sensitive assets such as REITs. While higher yields have weighed on Singapore REITs, the brokerage sees selective opportunities in the sector and remains constructive on gold and gold-mining stocks as a hedge against potential dollar debasement.

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