d********8
发帖数: 74 | 1 【 以下文字转载自 TA 俱乐部 】
发信人: dadaodan88 (三一), 信区: TA
标 题: Bond yield
发信站: BBS 未名空间站 (Sun Jul 26 22:14:05 2009, 美东)
BOND YIELDS AND STOCKS TREND TOGETHER... During most of the postwar era,
rising rates were considered to be negative for stocks. That hasn't been the
case since 1998 however. A deflationary threat that started with the 1997-
1998 currency crisis caused a major decoupling of bond and stock prices. As
my 2004 book on intermarket analysis points out, deflation causes bond
prices to rise wh |
|
