The USD is up, commodities down all good but the 10y bond yield up 4% today and nearly 50% in a month. The US 500 index continues to climb and remains significantly elevated when compared to other global indices since March 23. This doesn't make really make sense anymore. Bond yields and share prices cant rise together. Someone is telling porkies. Which one? My guess is we find out by Friday morning at the latest.
BBUS, page-8910
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