BTZ - 10 More Ugly Messages From The Bond Market
The global bond markets have been screaming an ugly message at us loud and clear, and I'm afraid that it's not a positive one.
Amazingly, US Treasury bonds have barely budged in a month, despite a recent 25 basis Fed rate hike and many more to come.
In the meantime, stocks also barely changed in 2018, with the S&P 500 (NYSEARCA:SPY) off only 1.1%.
Lead stock Goldman Sachs (NYSE:GS) has had its head handed to it, off a heart-stopping 11% in two weeks, and also is down on the year. Apparently,