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Guggenheim's Minerd Sees Shades Of October 1987

TedTed
in The Bullpen
FYI: Scott Minerd added to the cast of siren voices warning about the dangerous cocktail of surging bond yields and slumping stocks.

In a Twitter post soon after the yield on U.S. 10-year Treasuries punched through 3.23 percent to another seven-year high, the chief investment officer of Guggenheim Partners noted that the tug of war between stocks and bonds is a dominant theme. Risk assets face a new headwind, he said.
Regards,
Ted
https://www.bloomberg.com/news/articles/2018-10-05/guggenheim-s-minerd-sounds-alarm-after-bonds-whip-stocks-again?srnd=fixed-income
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