I will not say that I can know the exact level, but I think we are close to the point where the rising yields will trigger an equity correction.
The line in the sand in my view is 1.25% but it doesn't have to be a particular level.
All that matter is the trend.
Once rising yields start spilling over to lower rated corporate credit the equity selloff will come.
The idea here is short bonds, and eventually short equities until we stabilize again
The line in the sand in my view is 1.25% but it doesn't have to be a particular level.
All that matter is the trend.
Once rising yields start spilling over to lower rated corporate credit the equity selloff will come.
The idea here is short bonds, and eventually short equities until we stabilize again
