“One of the most striking features of 2014 has been falling Treasury yields in the wake of the Fed’s tapering of QE. The standard theory goes that, as the Fed withdraws support for longer-dated bonds, bond prices will drop (as demand falls) and yields (which move inversely to prices) will rise. So much for standard theory… In addition to the divergence between large caps and small caps (which we wrote about here and here), the divergence between falling bond yields and rising large-cap stock prices is another sign that the rally in the S&P 500 and the Dow may not be as strong as some believe.”
http://www.bonnerandpartners.com/oligarchs-and-poligarchs/
(Visited 22 times, 1 visits today)
Related posts:
Obama Meets Security Advisors Over "Most Specific, Credible Terrorist Threat In Years"; US Forces On...
Eric Margolis: Syrian March To Disaster
Antiwar.com's Justin Raimondo on Rand Paul, President Obama, Murray Rothbard and Much More
Ron Paul: Greece Today, America Tomorrow?
Committing War Crimes is a Duty; Reporting Them is a Felony
Marxist Publishing House Asserts Copyright Against Free Websites
ECB: Bank With Us … and We’ll Charge You Interest
U.S. Has No Moral Standing to Condemn Assad
The Minimum Wage Is Cruelest To Those Who Can't Find A Job
Could Obama use NDAA To Arrest Militias?
Media Infantilism, Ours And Theirs
Paul Craig Roberts: Gangster State US/UK
J’ACCUSE … !
Jim Rogers: India Economic Times Interview 03 Sept 2012
Detlev Schlichter: It’s a mad mad mad mad world