HOME     RESEARCH    Which Came First—the Chicken or the Egg?—WisdomTree

Which Came First—the Chicken or the Egg?—WisdomTree

Jun 05, 2019 / United States, Fixed-Income, Asset Class Research Research Alliance

Last week, we heard a narrative regarding the movement in the stock and bond markets—specifically, that the decline in U.S. equities resulted from the drop in the U.S. Treasury 10-Year yield. Typically, the bond market reacts to developments in the stock market, not the other way around. Kevin Flanagan investigates a possible shift in the paradigm.

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