
Key points
Rolling 1-month correlations of weekly 5-year Treasury yield changes vs the Nasdaq 100 and the economic surprise index | The Nasdaq correlation has risen above 0.7 while the data link turned negative
Image source: @BlakeMillardCFA

Rolling 1-month correlations of weekly 5-year Treasury yield changes vs the Nasdaq 100 and the economic surprise index | The Nasdaq correlation has risen above 0.7 while the data link turned negative
Image source: @BlakeMillardCFA