Latest / Market Pulse by Orestes Capital
October 5, 2026 - Tech at Record Highs. Yields Are Flashing Red.
Technology stocks are pushing to record highs—but the bond market is telling a very different story.
In this episode of Market Pulse, we examine the growing divergence between equity-market optimism and the sharp rise in Treasury yields. Investors continue to chase mega-cap technology and AI exposure, even as higher rates tighten financial conditions, pressure valuations, and raise the hurdle rate across risk assets.
The question is whether equities can keep ignoring the move in bonds—or whether rising yields eventually force the market to reprice.
We break down what the latest rate move…
The skinny
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