The Stock & Bond Markets Have Not Disagreed This Much Since 2008
Zero Hedge -

While the yield curve has steepened the last two days, the recent relationship with stocks is holding up as the almost unprecedented negative correlation is confirmed by weakness in stocks...

And that has driven the correlation between stocks and the yield curve to its most negative since October 2008...

This short-term negative correlation means simply that the stock market's view of inflation and growth the most 'positive' relative to the extreme 'negative' view of future inflation and...

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