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TLH - Bond Mania Makes Equities Look More Attractive
iShares 10-20 Year Treasury Bond
Investors' insatiable demand for bonds, in part driven by safety concerns, has resulted in collapsing yields. Ironically, this scenario paves the way for higher stock prices in the coming months as equities suddenly look far more attractive relative to lower-yielding debt. In today's report, we'll look at some reasons why stocks should outperform bonds this summer. I'll also address the potentially disturbing implications of an inverted yield curve. While an inverted yield curve could eventually create problems for Wall Street down the line, I'll show that there are plenty of shock absorbers to see the