Select Page

Rates have remained very stable at lower levels despite the huge recovery in the S&P 500 Index following the December correction.  Quite a divergence is developing to say the least. 

More from Charlie Bilello:  “During the 20% S&P 500 correction last year, the US 10-Year Yield fell from 3.25% to 2.55% (70 bps). The S&P 500 has since rallied 19% and the 10-Yr yield has only moved up 10 bps (2.55% to 2.65%).”

Hat tip Charlie Bilello of Pension Partners