- Treasuries signal weak economic outlook while equities advance
- Stock bulls lack ‘fundamental support’ from bonds: Ned Davis
It’s the latest chapter of the ever-raging battle between stocks and bonds.
Treasury yields signal a brewing economic slowdown while equity bulls are cheering the business cycle. The schism is testing the mettle of investors mulling whether to ride or fade the $3 trillion new-year U.S. stock rally.
Justina Lee | Bloomberg