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September 25, 2026 - Bond Yields Surge as Algorithms Keep Buying Tech
Bond yields are surging, but tech refuses to break.
In this episode of Market Pulse, we unpack the growing disconnect between an increasingly hostile rates backdrop and a market still being supported by systematic and algorithmic buying. Higher yields should be tightening financial conditions and pressuring long-duration equities — yet the tape is telling a more complicated story.
We break down what rising yields are signaling, why tech continues to attract flows, how positioning and market structure may be overpowering the macro signal, and what could happen if those mechanical buyers…
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