Posted by:
paisley70
(
)
Date: February 12, 2018 05:09PM
PollyDee,
I knew that if I went fishing, I'd find someone out there like you. Interesting.
Inflationary pressures right now put the bond yield and stocks into a "tug-of-war" - a competition for cash. This is the conundrum at the moment. As you had alluded to.
"During periods of economic expansion, bonds and the stock market trade inversely as they are competing for capital".
This rout will continue.
https://www.cnbc.com/2018/02/09/the-worst-of-the-bond-rout-is-yet-to-come-says-piper-jaffray.htmlYour husband is a lucky man. Thank-you for your reply.
Cheers,
Kevin