S&P 500 and US 10 years yield
by Robin Brooks "The Achilles heel of any Fed tightening cycle is financial dominance. Real 10-year yield is up from -1.1% end-2021 to -0.7% now, i.e. still very negative (orange). But S&P 500 at one point yesterday was down over 10% year-to-date (white). Does the Fed have the stomach for this?" Related Datasets Financial - Global - Rates - Yield curves Financial - Global - Equity Indexes -...