We know #bonds are used for collateral in derivatives markets. They must bolster #derivatives bets that may protect stock positions. If that is really huge, then the stock market could be constrained from going much higher. The new normal may be changing the relationship between stocks and bonds.
Deutsche Warns Of Imminent "Domino Impact" For Stocks From Bond Carnage, Soaring Dollar
We know #bonds are used for collateral in derivatives markets. They must bolster #derivatives bets that may protect stock positions. If that is really huge, then the stock market could be constrained from going much higher. The new normal may be changing the relationship between stocks and bonds.
Puerto Rico's Governor Padilla With Pants On Fire, Gets His Wish - Defaulting On Constitutional Debt
Nice article. But maybe #derivatives have something to do with it. I don't know.