What “The Worst Bond Rout In 15 Years” Means For Stocks
zerohedge.com / by Tyler Durden / Nov 19, 2016 4:28 PM
In light of the dramatic spike in interest rates since the Trump victory, where as we reported yesterday and as Bloomberg comments overnight, “yields on benchmark 10-year Treasuries posted their steepest back-to-back weekly increase since 2001” leading to the “the worst rout in the fixed-income universe in 15 years”…
… and which coupled with a surge in the 10-Year breakeven rate – a gauge of US consumer price expectations – to the highest in more than 18 months…
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Source: http://silveristhenew.com/2016/11/19/what-the-worst-bond-rout-in-15-years-means-for-stocks/
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