The S&P 500’s rebound relationship with Treasury yields #NewsUnitedStates

The S&P 500 (^GSPC) and the 10-year Treasury yield (^TNX) have apparently had a give-and-take relationship in the past: whenever stocks experienced pullbacks and subsequent rebounds, that has pushed Treasuries higher.

Julie Hyman breaks down this pattern, charting why the recent August sell-off seems to be an exception as the 10-year Treasury yield slides further, reflecting on BlackRock chief investment officer of fixed income Rick Rieder’s recent comments made on Yahoo Finance’s Opening Bid.

For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend.

This post was written by Luke Carberry Mogan.