Recently, I've seen many bloggers discussing the relationship between the US10Y and US02Y yield rates and the stock market trends; After reviewing, I found that since the beginning of 2023, the yield of US10Y has been positively correlated with the S&P 500, meaning when the yield is high, the stock market rises; when the yield drops, the stock market falls. So, has the logic changed now? If the yield rises, does that mean the stock market will fall?
#GrokAI Asking AI common sense questions is really convenient.
3.18K