WTF Chart Of The Day: Bonds Ain't Buying It
Presented with little comment aside to ask (rhetorically), why - amid the unknown parameters of what appears to be escalating into a global pandemic, and ongoing weakness in economic data despite the 'trade deal' - are stocks soarng to record highs as bond yields collapse to 3-month lows?
Source: Bloomberg
Fun-durr-mentals don't matter...
Source: Bloomberg
This seemed to sum up stocks investors attitude perfectly...
Investors feel the same way: “I am a disciplined buyer…” 👇 pic.twitter.com/BPwg3dF7Hs...
— Bosco (@wboscoho) January 24, 2020
Tyler Durden Fri, 01/24/2020 - 09:05