FormaStat Open Research — Free Release #001: When Tech Stocks Defy Rising Yields
A free FormaStat research note on a recurring market puzzle: why technology stocks can sometimes remain resilient even as Treasury yields rise.
Using three historical market paths, this note compares how QQQ, Treasury yields, credit spreads, and broader financial conditions evolved across different episodes.
The goal is not to declare that history will repeat, but to show why similar headlines can hide very different market journeys.
This is a standalone FormaStat Open Research release based on observations through September 18, 2026.
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