U.S. 10-Year Real Rates vs. Relative Performance of Nasdaq 100 vs. S&P 500

Will the Nasdaq continue to underperform the S&P 500 as U.S. real rates rise?

Image: BofA US Equity & Quant Strategy

U.S. 10-Year Real Rates vs. Relative Performance of Nasdaq 100 vs. S&P 500