US treasury yields and the S&P 500 have a positive correlation. The two usually move lockstep to a certain degree and when they diverge, they don't stay divergent for too long.
This time, however, at the beginning of 2019, the divergence occurred and has continued for nearly 12 months now.
The idea behind the correlation is that bond prices are typically...
The recent upside in the bond market has been in tandem with the upside in the S&P 500. The move higher in bonds is largely due to the lower rates in monetary policy. Which should not directly affect long-term bonds by much but they have had some effect. Over the past three months, Bonds have gone down while the S&P 500 has made a lot of gains.
The 30-year bonds...