You are here

S&P 500 flouts history in break with bonds

While not without precedent, instances when anxiety in bonds didn't seep into equities are rare

BT_20150815_ANXIETY15A_1826010.jpg
HEIGHTENED CREDIT RISK: Moody's said that Target Corp's plan to boost share repurchases and dividends is negative for its credit ratings; S&P lowered McDonald's Corp's credit rating, citing the potential for rising leverage.

BT_20150815_ANXIETY15A_1826010.jpg
HEIGHTENED CREDIT: RISK Moody's said that Target Corp's plan to boost share repurchases and dividends is negative for its credit ratings; S&P lowered McDonald's Corp's credit rating, citing the potential for rising leverage.

New York

AS far as credit markets are concerned, US stock investors have lost touch with reality.

That's seen in the extra yield bond investors demand over Treasuries. The spread has expanded by 0.48 percentage point from a year ago, the most since 2012, even as the Standard &

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom