ViewpointsOpinionHow a Small Rise in Bond Yields May Create a Financial CrisisSavePrintA view of the exterior of the Nasdaq market site in the Manhattan borough of New York on Oct. 24, 2016. Shannon Stapleton/ReutersDaniel Lacalle3/15/2021|Updated: 3/22/2021CommentaryNed Davis Research estimates that a 2 percent yield in the U.S. 10-year bond could lead the Nasdaq to fall 20 percent, and with it, the entire stock market globally. A 2 percent yield can cause such disruption? How did we get to such a situation?We had a problem loading this article. Please enable javascript or use a different browser. If the issue persists, please visit our help center.Share this articleLeave a commentDaniel LacalleAuthorDaniel Lacalle, Ph.D., is chief economist at hedge fund Tressis and author of the bestselling books “Freedom or Equality” (2020), “Escape from the Central Bank Trap” (2017), “The Energy World Is Flat” (2015), and “Life in the Financial Markets.”websiteAuthor’s Selected ArticlesCentral Banks Do Not Prevent Financial Crises or Control InflationAug 23, 2025The European Union’s Agreement With the United States Is Positive and RealisticAug 04, 2025The US Dollar Remains the World’s Top Reserve CurrencyJul 21, 2025How Analysts Misjudged the US Economy: Growth, Inflation, and Fiscal Surprises in 2025Jul 14, 2025Related Topicsfinancial crisisstock marketBond Yields
