SPXN - The Market Is Decoupled With The Treasury Yield Curve Partially - And What Now?
2024-06-24 03:31:01 ET
Summary
- The S&P 500 Index hit fresh records 31 times in 2024, with 9 sessions of increases and 5 sessions of decreases.
- The Federal Reserve's long forecasting model focuses on bank lending margins over yield curve stiffness.
- Central banks made rate decisions, with the Bank of England keeping rates unchanged and the Swiss National Bank cutting rates.
Introduction
The market of equity and bond has been wavering with no clear conviction of either bearish or bullish, albeit the S&P 500 Index has made fresh records, 31 times in 2024, as of Friday (Jun 21) week after week....
The Market Is Decoupled With The Treasury Yield Curve Partially - And What Now?