2min chapter

Alpha Exchange cover image

Assessing Recent Dynamics in the World of Vol

Alpha Exchange

CHAPTER

The Return of the Negative Correlation Between Stock and Bond Prices

Q2 saw a modest return to the more traditional negative correlation between stock and bond prices. It's difficult to know where this is headed, but it's certainly the case that the correlation should not be viewed as especially reliable in a regime in which the Fed continues to fight inflation from above target. For different reasons, if interest rates either fall or rise very quickly, the outcome is bad for risk assets.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode