(Bloomberg) -- Is the five-year stock market rally
threatened by the highest bond yields since 2002? Some of the
world's biggest investors say no.
LPL Financial Services, Bank of America Corp. and BlackRock
Inc., which together oversee $1.9 trillion, say the three-month
increase in yields shows investors are selling bonds in
anticipation of faster economic growth -- not a pickup in
inflation. Their evidence includes falling gold prices and a
narrowing trade deficit.
Read more at Bloomberg Stocks News
threatened by the highest bond yields since 2002? Some of the
world's biggest investors say no.
LPL Financial Services, Bank of America Corp. and BlackRock
Inc., which together oversee $1.9 trillion, say the three-month
increase in yields shows investors are selling bonds in
anticipation of faster economic growth -- not a pickup in
inflation. Their evidence includes falling gold prices and a
narrowing trade deficit.
Read more at Bloomberg Stocks News
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