Treasury yields face 4.8% test as fiscal risks threaten to spill into other assets

How each outlet headlined it

• CNBC left

  Treasury yields face 4.8% test as fiscal risks threaten to spill into other assets
  
• Bloomberg center

  A 10-year US Treasury yield of 5.5% represents the threshold at which higher borrowing costs would overwhelm earnings growth and begin to pressure equity valuations, according to Alain Bokobza, head of global asset allocation at Societe Generale SA.