Random Divergence with SPX/US10Y
SPX and the US10Y used to move synonymously from 1998 to 2009. Now we always hear about the negative impact the 10 year will have on the market, but it didn't used to. January 2009 was the first time we had the Fed Funds rate at zero, which may be the reason for the obvious divergence.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.