07/14/2021
The decline in bond yields has defied expectations amid stocks’ record highs. Ameriprise Chief Market Strategist David Joy discusses key elements.
07/13/2021 David Joy Stocks continue to reach record highs, and credit spreads are at record lows. It would seem that, at least for investors in these two asset categories, the economic, profit, and policy outlook could hardly be more favorable. And yet, in the past two weeks Treasury bond yields ha...