July 31, 2026 - Tech Fractures as Yields Hit 2007 Highs

Market Pulse by Orestes Capital · Aug 1, 2026 · 14m

The bond market is sending a warning—and Big Tech is no longer moving as one trade.

In this episode of Market Pulse, we break down the growing divide across the technology sector as Treasury yields climb to levels not seen since 2007. Some earnings winners are still being rewarded, but elevated rates are exposing stretched valuations, punishing weaker guidance, and forcing investors to become far more selective.

We examine what the surge in yields means for equity multiples, why leadership inside the Nasdaq is narrowing, and whether the market is approaching a broader valuation reset.

The key…