The stock market bull run is in its 'twilight', Fidelity's global macro head says

Fidelity Investments' Jurrien Timmer says the secular bull market for equities is in its "twilight" Timmer cites higher bond rates as the main threat to stock prices.

Two-year Treasury yields have surged by about 480 basis points in the past two years , as the Federal Reserve jacked up interest rates to fight inflation.