10-year bond hits highest level since the dot-com bubble.

Created at 12.**.211.18 71 3 0

Bond market bust: A key rate just blew through another decades-old record

Normally, companies that are hyper-sensitive to bond yields should see their stock prices drop to some extent, but they aren't dropping at all. I view this as a very dangerous signal. The current market is simply an anything goes market.

And while the S&P 500 has almost reached an all-time high, there are far more companies hitting 52-week lows than those hitting 52-week highs. This kind of phenomenon is also the first since the dot-com bubble. During the dot-com bubble, this phenomenon appeared in December, peaked in March, and then immediately burst.

Long-term investors might be fine, but those who are retiring soon or need to cash out should be careful.

Tags Bubble S&P Facebook X
Comments 3
149.**.188.210
Bond interest rates are seriously terrifying... T_T But people keep saying it's fine, so I don't know what to do... T_T For now I bought a bit of TLT, but since they say it'll drop even more...
76.**.67.25
Since I am retiring soon, should I buy bonds instead of dividend stocks at this time then?
221.**.234.8
It feels like the stock market has just turned into a casino. Oil prices are similar to yesterday and the 10-year yield dropped a bit, but... the Nasdaq is falling. Last night it broke through its previous high and went up. Now it's just up to Wall Street's whim.
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