Yesterday, I examined the 10 Year Note, commenting that it had broken resistance. Now, let’s look at two bond funds to see how prices are being affected, and also view a strong correlation between the 10 Year Note Yield and the S&P 500 Index. First, the TIPS Bond Fund: iShares writes: The iShares Lehman U.S….
Can the relationship between 10 Year Note Yields and US Stock Prices reveal risk seeking and risk averse behavior of funds and investors? Earlier, I posted a few charts on the topic, so be sure to refresh with those for more information: Stock Correlation with the 10 Year Yield A Look at Bonds, Stocks, and…
I’m not sure how much you follow intermarket correlations, but there’s one relationship I’d like to highlight to you. The S&P 500 Index has been extremely correlated with the 10 Year Treasury Note Yield ($TNX), and continues to be so today. Generally (as demonstrated over the last 100 years, but not over the last 10…