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What Do Bonds Know That The Stock Market Doesn't?

What Do Bonds Know That The Stock Market Doesn't? Authored by Lance Roberts via RealInvestmentAdvice.com, Most investors spend their time watching the S&P 500. That’s a mistake, because the credit market is the real “tell.” The bond market has been whispering a warning for weeks now, and credit spreads are now shouting it. As of this writing, the CDX Index, a benchmark measure of credit default swap spreads, has climbed to a nine-month high while the S&P 500 sits within 5% of its all-time peak. Over the past 20 years, every time that...
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