Stocks & Bonds Recouple - Now What?

When stocks have risen and decoupled from bonds, and bonds have then sold off to catch up to stocks; the recoupling has led to extended selling pressure in stocks.

Historically, when stocks have risen and decoupled from bonds, and bonds have then sold off to catch up to stocks; the recoupling has led to extended selling pressure in stocks.

Will we see the same this time?

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Something else has shifted today: Tech is underperforming financials...

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