Credit Suisse has identified what could be the next big breaking point for stocks

Credit Suisse has crunched the numbers and approximated the point at which US 10-year Treasury yields could start to weigh on equity returns. The firm argues that higher rates don't hurt stocks until a certain threshold is exceeded, after which point stocks become indifferent, which could lead to equity weakness. Conventional wisdom suggests that higher interest rates make stocks less attractive. As bonds offer higher yields, equities lose their appeal on a relative-return...