Bonds Beating Stocks YTD

Here’s the chart which has confounded a lot of people this year. I think it was broadly assumed that stocks would continue to rally, and bonds would slowly fall. That hasn’t happened. The gold line is the Long-Term Treasury ETF ($TLT) and it’s done quite well this year while the S&P 500 ETF ($SPY) has been mixed.

Posted by Eddy Elfenbein on April 21st, 2014 at 12:16 pm

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.