Tuesday, May 1, 2018

A change of seasons in the financial markets? May Day update

 - by New Deal democrat

An era of generally rising bond yields is more likely than not starting, changing the way that the stock and bond markets relate to one another, a point I made after the spike in bond yields in January caused a correction in the stock market.

Have the last few months strengthened or weakened that case?  I update my observations over at XE.com.