Investors’ love affair with bonds has likely come to an end. The yield on the 10 year U.S. Treasury bond peaked at just under 16% back in 1981. Over the next 35 years, this rate dropped continuously reaching a low of 1.375% in the summer of 2016. This decline fueled perhaps the longest bull market […]
Bonds
The 2-Minute Thought: The Paradox of Stocks Reaching All-Time Highs
The story of the week is that U.S. stock markets are at all-time highs even though no one is particularly in love with stocks. Since all three major U.S. markets reached record highs last week for the first time since 1999, there have been plenty of “partying like it’s 1999” stories (and more than one […]
