Home›US Markets›Sectors›Stocks hit fresh records even as rates stay at multiye…

Stocks hit fresh records even as rates stay at multiyear highs

LPL Financial says the bond yield and equity relationship has flipped back to a negative one.

Reported · Written up by our desk · Sectors

MarketWatch reports that while interest rates remain near multiyear highs, US stocks have continued to reach fresh record levels, a mix that has complicated the usual link between yields and equity performance.

According to MarketWatch, LPL Financial said the relationship between bond yields and stocks has turned negative again, despite the stock market's resilience.

The outlet frames the issue as a question of how long that disconnect between rates and equities can persist.

More like this

Sources