EPS - Why Options Are More Important Than You May Think
- Certainly, stock traders tend to focus on stocks, yet equities are part of a much larger complex system composed of the markets, the economy, and people's lives.
- Up until now, stocks have mostly ignored rising bond yields as the Federal Reserve is clearly not going to reverse its QE and zero interest rates policies in the near term regardless of what the bond market does; at least not likely until it's too late.
- Bond yields are holding stock prices hostage as the US Ten Year Note yield (TNX) rose above 1.7% and the US 30-year T-Bond yield (TYX) closed just below 2.5% on 3/19/21.
For further details see:
Why Options Are More Important Than You May Think