10-year Treasury yield rises to 1% for the first time since March

https://www.cnbc.com/2021/01/05/10-year-treasury-yield-rises-to-1percent-for-the-first-time-since-march-amid-georgia-runoff-elections.html

Tom Essaye, founder of Sevens Report, said the breakout in yields shouldn’t put pressure on risk assets in the short term.

That wouldn’t be a direct headwind on stocks, but it would reinforce that rising yields is a theme that we need to watch closely in 2021, Essaye said Tuesday.