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« The Blackstone IPO | Main | Shanghai Update » May 21, 2007 The Stock and Bond Market Part WaysAs the stock market keeps chugging higher, the bond market is starting to leave it behind. As a very general rule, the bond market leads the stock market by a few months. In the chart below, I'm using the BTTRX mutual fund as my bond proxy. Note how the bond market (the gold line) started fall behind the stock market before the Shanghai Surprise in February.
Posted by edelfenbein at May 21, 2007 1:09 PM |
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