You can never know for sure what will happen with stocks and interest rates–the talking heads toss out lots of different opinions and that is just what they are ‘opinions’.
With Georgia going to the Dems we see the stock markets flying–oddly, and interest rates flying along with them
The near 10 basis point move in the 10 year treasury to almost 1.06% hasn’t caused major damage (of course these depends on what issues you are holding) to income issues yet, but there are sure plenty of 1% moves lower — even some 2% moves. Generally the sell off is orderly so no need to get overly excited about the move.
If I was a guessing person I would think the equity markets would give back some gains later today and follow on with a down day tomorrow–while interest rates drift back down a bit.
Of course I am not selling anything today–would more likely to be a buyer than seller, but honestly I am a ‘watcher’.