One issue that may not be getting enough credit for the uneasiness on Wall Street is the troubling slide in bond market yields.
, with major indexes seeing losses of 2.5% or more in Friday morning trading.
But as investors keep buying bonds and inflation expectations dim, the prospect of negative yields is rising. While borrowers benefit in that situation, banks suffer, and negative yields have done little to boost overall growth in the countries where they prevail. "The message in the bond market may not be that much different in stocks," he said. "Bond yields are down this year, but credit spreads have not widened. That tells me the bond market is saying inflation is down but growth is OK."worried about inflation.
Normally, when stock prices are rising bond prices fall and yields rise as investors demand more of a premium for safe-haven fixed income. However, that hasn't been the case lately, with the correlation between bond prices and stocks at a four-year high, according to Lisa Shallet, chief investment officer at Morgan Stanley Wealth Management. Shallett said this is a case where "this time has been different.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Perspective | How America developed two sign languages — one white, one blackIn black sign language, a relic of segregation has become a sign of solidarity.
Les mer »
Review: In this L.A. gallery, one artist puts her 'Digital Thoughts' into orbitJessica Stockholder's painting-sculpture hybrids live in their own world. The L.A. gallery 1301PE takes you there.
Les mer »
I Hated Bernie Bros Until I Loved and Lost One'Raghav believed true Medicare for All—healthcare that was free at the point of service with everyone automatically enrolled—was a life or death issue. It turned out he was right: Six months after we said I love you, Raghav was dead.' katewillett writes:
Les mer »
One-third of parents are delaying giving vaccines to their children: StudyOne-third of children between the ages of 19-35 months don't receive vaccines on time, leaving them vulnerable to preventable infectious diseases, and their complications, a new study finds. The study revealed that 63% of children received vaccines on time before the age of three, as per Centers
Les mer »
One-third of parents are delaying giving vaccines to their children: StudyOne-third of parents are delaying giving vaccines to their children, according to a study.
Les mer »