Morgan Stanley warns of a potential major correction in the stock market, with the 10-year U.S. Treasury yield rising above 4.5%. According to Morgan Stanley Chief Investment Officer Michael Wilson, the stock market is set to experience its first significant correction since late March due to the 10-year U.S. Treasury yield breaking below the 4.5% threshold. The bank previously identified the 4.5% yield level as a key inflection point, indicating that when interest rates rise, they may exert more noticeable pressure on stock valuations. Wilson stated, “If long-term yields rise along with higher bond volatility, we expect the stock market to see its first major correction since late March.”#TradFi交易分享挑战