yields fall
yields climb
drag the knob instead if you like
Rising long-dated yields crush the far-future cash flows pre-earnings quantum names are priced on
Drag the long-dated yield lever; far cash-flow blocks compress and the multiple meters de-rate toward the thin-cash archetype.
long-dated yield
yields elevated
yields fall
yields climb
pure play
thin cash
platform
heavy cash
today
future cash
present value
years ahead
pure-play multiple
platform multiple
de-rated
re-rated
duration repricing - the reset is interest rates, not fundamentals