Rising bond yields have put pressure on small-cap stocks, driving the Russell 2000 Index’s longest weekly losing streak since May 2022. The index saw its fifth consecutive weekly decline as it fell 0.9% in the week ending October 9, bringing its total decline over the past five weeks to 5.7%. This decline contrasts with the strong performance of small-cap stocks during the first half of the year, when they had their biggest rally in decades.
However, a Bloomberg report suggests that signs...
