Reuters
U.S. stocks and bonds are moving in opposite directions, a phenomenon that could bring relief for investors hoping for a blend of the two asset classes to blunt declines in their portfolios. Yields on the benchmark 10-year Treasury – which move inversely to prices – are down 28 basis points since May 9, while the SP 500 has continued a tumble that has brought it to the cusp of bear market territory, often defined as a fall of 20% or more from its highs. The shift has marked a reversal of how bonds and stocks have behaved for most of 2022, which has seen twin declines in both equities and fixed income, slamming investors using strategies such as the 60/40 portfolio to mitigate risk.

Source: Yahoo Entertainment

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