YIELD CURVE AND STOCKS:
Wall Street refers to the bond market as smart money because of its track record of predicting future economic outcomes
When analyzing the interplay between bonds and stocks, traders often look at shape of the yield curve to glean insight into the business cycle and predict equity performance
There are four fundamental yield curve regimes: bear steepened, bear flattener, bull steepened and bull flattener.
On Wall Street, traders frequently say tha