News Formal

Stock market might not bottom until investors surrender, jump back into bonds

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 97%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

William Watts is MarketWatch markets editor. In addition to managing markets coverage, he writes about stocks, bonds, currencies and commodities, including oil. He also writes about global macro issues and trading strategies. During his time at MarketWatch, Watts has served in key roles in the Frankfurt, London, New York and Washington, D.C., newsrooms.

A 7% pullback by the S&P 500 index SPX from its July 31 high has been relatively ordinary, but it’s been accompanied by a rout in the Treasury market that’s sent yields on 10-year notes BX:TMUBMUSD10Y and the 30-year bond BX:TMUBMUSD30Y to 16-year highs.

The NDR Daily Bond Sentiment Composite is also at its lowest level since March and deep into its extreme pessimism zone, they wrote, consistent with a 4.8% annualized gain by T-bond futures. It was a different story before the early 1990s, when rising yields tended to accompany weakness in stocks. Then, as now, rising yields signaled the Federal Reserve would need to step in to fight inflation. In the more recent past, rising long-term yields were seen as bullish for stocks because it indicated deflationary forces were becoming less powerful, Clissold said.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 3. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

The latest threat to U.S. stocks: computerized funds are cutting their exposure to the marketJoseph Adinolfi is a markets reporter at MarketWatch.
ソース: MarketWatch - 🏆 3. / 97 続きを読む »