Surveillance: Subramanian Lifts S&P 500 Target
Bloomberg Surveillance
00:00
The Relationship Between the Bond Market and the Stock Market
Julian Hyman: We've re-priced yield tower at the front end, taken back some of those rate cuts and this NASDAQ's still fine. So can you explain to me what the relationship is between what's developing in the bond market and what's happening in stocks? "The relationship is, again, this question of the time before the recession," he says.
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