อัตราผลตอบแทนพันธบัตรรัฐบาลสหรัฐฯ และหุ้น

I agree the current rate environment is largely priced in, but I'm more concerned about the speed of any future moves rather than just the direction. Volatility is what hurts most.

Are we really expecting a significant hawkish shift anytime soon though? Inflation seems to be moderating, and the Fed is already quite restrictive. I'm not seeing the catalyst.

Good point. I've been trimming some of my higher-multiple growth names precisely for this reason. A 50bps jump from here could really hit them hard.