Soc Gen Warns Of Double Digit Correction As Bond Yields Creep Lower
Bonds interest rates have traditionally correlated negatively to stocks over longer periods of time. One logic is that both investments compete for investors based on a yield (returns) standpoint relative to risk. When interest rates move higher, stock investments need to be more attractive on a returns basis and, in the current case, vice versa. Looking at the world through this past performance lens in the historical oddity of negative interest rates, Societe Generale’s monthly Risk Premium report notes that stocks might not be as . . .
SORRY! This content is exclusively for paying members. If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.
|
