MarketThe Kobeissi LetterWed 28 Oct, 11:59:06

Stocks and bonds correlation flips again as 10Y yields track Nasdaq

Summary

Written by Decryptr from the source

20-day correlation between the 10Y Treasury yield and Nasdaq 100 has risen to +0.51, reversing from -0.68 last week of September, as Treasuries again act as a hedge for tech selloffs.

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