Drew Pettit says investors should be selective as yields rise
In short
Drew Pettit of Roundhill Investments talked about rising US bond yields and said stocks can handle a 5.3% Treasury yield. The summary also said he discussed equities, AI spending, gold, and India's place in emerging markets.
This matters because higher bond yields can change how investors choose stocks. The reporting does not give his full comments or any exact buy or sell ideas.
What the reporting says
Drew Pettit of Roundhill Investments discussed rising US bond yields and said US stocks can handle a 5.3% Treasury yield, according to a CNBC TV18 Market summary. The note also mentioned his views on equities, AI investment, gold and India's role in emerging markets. The reporting does not give a full transcript or specific stock calls.
Why it matters
Drew Pettit, Chief Investment Strategist at Roundhill Investments, was quoted in a CNBC TV18 Market summary discussing rising US bond yields and the outlook for equities. The summary says he sees US stocks as able to handle a 5.3% Treasury yield, while also touching on AI investment, gold and India in emerging markets. The reporting does not include detailed recommendations or exact market targets.