Synchronised .
Does the tail wag the dog ?
or dog the tail ?What say you ? pic.twitter.com/bIjuq7Jn1Q
— The Great Martis (@great_martis) July 1, 2024
10-Yr ~4.5%
At what level do yields begin to impact stock performance?
Since 2022, it has not been a specific level. Rather, when yields move to the 80th %tile of their rolling one-quarter range, the S&P 500 has tended to suffer.
4.61% = the level to watch (80th %tile) pic.twitter.com/IxUdB76vvS
— Warren Pies (@WarrenPies) July 1, 2024