UBS strategist Andrew Garthwaite says 6 out of 7 preconditions for a bubble met

UBS analysts said that if the 10-year bond yield (US10Y) reaches 5% – currently at 4.65% and in an upward slope – equities would see a negative impact.

Andrew Garthwaite, chief global equity strategist at UBS, sees the U.S. 10-year bond yield (