Stocks Rebound, Value Makes Comeback, Treasury Yields Resume Climb: What’s Driving Markets Monday?

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At the start of the week, the U.S. stock market is attempting to break the negative streak of four consecutive sessions in the red, with all major indices for large-cap stocks showing gains at midday trading in New York. The outperformance of value stocks compared to growth stocks continues, as the ratio between Vanguard Value ETF (NYSE:VTV) and Vanguard Growth ETF (NYSE:VUG) reaches its highest point since mid-June. A climb in Treasury yields is resuming, particularly in longer maturities, with the 10-year and 30-year yields rising by 6 basis points to 4.1% and 4.27%, respectively. Recent Fed…

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