Seeking Alpha

After a sizable overnight fall, Treasury prices turn green on the session, the 10-year yield...

After a sizable overnight fall, Treasury prices turn green on the session, the 10-year yield falling to 2.22%. The retreat in yields looks to be helping stocks climb off their lows, the DJIA (DIA -0.5%) now off just 75 points vs. about 150 near the open.
From other sites
Comments (4)
  • Guardian3981
    , contributor
    Comments (2187) | Send Message
     
    So now treasurys and equities move in tandem?

     

    This isnt going to end well...
    11 Jun 2013, 10:52 AM Reply Like
  • youngman442002
    , contributor
    Comments (5131) | Send Message
     
    both markets are rigged..donĀ“t ya know....
    11 Jun 2013, 10:57 AM Reply Like
  • wenlock00
    , contributor
    Comments (55) | Send Message
     
    Just like there is a secret data mining project is there a market manipulation project - easily done? If it was announced the markets would crash.
    11 Jun 2013, 01:58 PM Reply Like
  • gmihran
    , contributor
    Comments (59) | Send Message
     
    I'm very confused ... to learn more about the markets, I've been tracking $TNX, the 10 Year Treasury Note Yield Index (Yield not Intrinsic Value of the Bond).

     

    As far as I can tell, the $SPX and $TNX have been positively correlated since the summer of 1999. But in June for the first time, the $TNX:$SPX correlation (20-period continuous) has gone negative - inverse correlation. The market goes up when yields go down.

     

    Given this QE market inversion, is this a fear of inflation trade?
    11 Jun 2013, 11:29 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs