Bond Yields Plunged and Stocks Rose. Here’s What’s Next.

Bond Yields Plunged and Stocks Rose. Here’s What’s Next.
Jacob Sonenshine
·2 min read

Treasury yields took a nosedive recently, boosting stocks. The 10-year Treasury yield fell Thursday and stocks rose substantially, because lower yields make equities look more attractive. Once it fell below 1.60%, those who were short the bonds rushed to buy them back, according to Sevens Report Research.