![]() And bond traders could be wrong about rates. To be sure, a month of lackluster stock prices does not mean the end of the bull run. ![]() Since the Federal Reserve Board has let the bond market take the lead on interest rate policy in recent years, the move in yields may be a sign of higher interest rates in the months ahead - never a plus for stocks. ![]() It hasn't helped that yields on Treasury bonds have jumped from 5.1 percent in mid-January to 5.42 percent on Friday. WITH the Dow Jones industrial average confined to a fairly tight trading range for the last 30 days, investors may be starting to wonder where their bull market has gone.
0 Comments
Leave a Reply. |