The burden of proof is growing on the market optimists, Mike Santoli writes.
It's suddenly become tougher for investors to peer across the valley toward a more welcoming landscape.
That transition would be marked by the breakdown in the positive correlation between bond and equity prices and the start of an impulsive bull steepening trend for the Treasury curve." Whether last week was the start of this phase or just a blip, Hunter says, "We think the transition is inevitable and will unfold in the weeks/months ahead.
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