The Stock and Bond Market Part Ways

As the stock market keeps chugging higher, the bond market is starting to leave it behind. As a very general rule, the bond market leads the stock market by a few months. In the chart below, I’m using the BTTRX mutual fund as my bond proxy. Note how the bond market (the gold line) started fall behind the stock market before the Shanghai Surprise in February.

Posted by Eddy Elfenbein on May 21st, 2007 at 1:09 pm

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