Salient to Investors:
Treasuries are trailing stocks by the most since October 2011.
Hiromasa Nakamura at Mizuho Asset Mgmt said the current rise in yields is due to Fed easing, while investors expect money to go into riskier assets, and equity markets are rising.
Bill Gross at Pimco said unprecedented central bank efforts to spur the economy will result in inflation – the end stage of a supernova credit explosion is more inflation than growth.
Free email alerts of articles as soon as they are posted.