Fundstrat’s Tom Lee warns a 6% 10-year Treasury yield would pressure stocks

What happened

Lee says 5% is manageable with strong earnings, but a jump to 6% would give equities serious competition Fundstrat strategist Tom Lee has drawn a line in the bond market. A 10-year Treasury yield of 5% is something stocks can live with, in his view. A yield of 6% is a different.