Bond Yields and Equity Prices

Interesting chart which reflects what we have been preaching for years. Central bank distorted and repressed bond yields result in a mispricing of all other assets.

This chart goes a step further and quantifies it, though it assumes “all other things being equal” — ceteris paribus in economic parlance — which they never are.

Bond Yields and Equity Marketss

Source:  TheVolawatcher

This entry was posted in Equities, Interest Rates, Uncategorized and tagged , , . Bookmark the permalink.

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