Stocks Seeing Relentless Buying Pressure; Bonds Are Not
June 02, 2024 at 13:50 PM EDT
Relentless buying pressure, to the degree that we saw in Q4 last year, is evidence of strong underlying demand for stocks. Meanwhile, after a 40-year drawdown, the 50-week rate of change for US 30-year yields is like nothing we've ever seen before.
