Headline - The benchmark U.S. Treasury yield fell to its lowest in at least 60 years on Wednesday as investors fled to safe-haven assets to ride out Europe's deepening financial crisis.
Whatever the reason, there is an almost inverse relationship between stocks and bond prices. It used to be also with commodities. The Fed killed that relationship - temporarily.
More details on The Peter Dag Portfolio.
George Dagnino, PhD Editor,
The Peter Dag Portfolio.
Since 1977
2009 Market Timer of the Year by Timer Digest
Portfolio manager
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