A Bloomberg survey of 122 market participants conducted from September 8-10 found that 77.8% believed a rise in the 10-year US Treasury yield to 5.00%-5.75% would trigger a 10% correction in the S&P 500 this year; however, the most frequent choice was 5.00%-5.25%, accounting for 29.5%, while the median threshold for respondents actually fell between 5.25% and 5.50%. Therefore, 5% is more like the entry point into a risk range, rather than the mechanical "crash line" commonly recognized on Wall Street.
