Bond yields have been rising and ......

Treasury bond yields have soared from 2.50% to 3.35%. What are the implications for stocks?

The following patterns are useful in predicting the next turning point.

1. Rising stock prices are followed by rising bond yields.
2. Rising bond yields are followed by lower stock prices.
3. Lower stock prices are followed by by lower bond yields.
4. Lower bond yields are followed by higher stock prices.

To find out more about my in depth view of the markets and my strategy just visit our website https://www.peterdag.com/ where you can review The Peter Dag Portfolio. You can also call me at 1-800-833-2782 to discuss your specific money management needs.

I will be happy to speak to your investment group on how the business cycle impacts investment strategies and the choice of asset classes.

George Dagnino, PhD
Editor, since 1977