The action of the bond market is becoming interesting.
Yields have been rising in the past few weeks. If this trend continues, it is bad news for the stock market. But we are not there yet. See my previous blogs on their relationship.
The rise in yields is the outcome of a strengthening economy and rising inflationary pressures.
Supply is overwhelming demand as foreign investors avoid our market.
Time to short them?
More on http://www.peterdag.com/.
George Dagnino, PhD
Editor, The Peter Dag Portfolio
Since 1977
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