A very interesting chart from Marketwatch.com that shows every time bond yields tagged their long term down trend line a crisis of some proportion erupted we finally manage to pop above that line sowing the seeds for the next major crisis:
What is interesting is as Northmantrader points out the the S and P 500 ten year yield ratio is showing signs of a major long term top suggesting a significant asset allocation out of stocks into bonds possibly on flight to quality fears when the next crisis commences:
What is interesting is as Northmantrader points out the the S and P 500 ten year yield ratio is showing signs of a major long term top suggesting a significant asset allocation out of stocks into bonds possibly on flight to quality fears when the next crisis commences:
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