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Bear market than a grizzly bear market. We dont need to worry about the 10year getting too expensive. Weve seen 3 in the past few years. Our work suggests the sort of positive effect on the Financial Sector of the 10year moving higher right now overwhelms the potential negative effect of the valuation compression as rates rise. We have been talking about this rate rotation for years. Returns, we are only three weeks into the year but they are not very good. Maybe you start to see as rates move higher and returned sir to deepen in the bond market, people moving equities and supporting the equit...

Bear market. We dont need to worry about the 10year getting too expensive. Our work suggests the sort of positive effect on the Financial Sector of the 10year moving higher, the potential negative effect of the evaluation compression. We have been talking about this great rotation. , they are nots clearly good. Last year they were just ok. Maybe you are starting to see rates move higher. People are moving to equities in the bond market. If the yield gets up to 285, perhaps it will get up to 3 , but the equity market is going to pick up and take notice. It will be to the benefit of the bond mar...

Expensive. Weve seen 3 in the past few years. Our work suggests the sort of positive effect on the Financial Sector of the 10year moving higher right now overwhelms the potential negative effect of the valuation compression as rates rise. We have been talking about this rate rotation for years. People are going to go out of bonds into equities. Bond returns, we are only three weeks into the year but they are not very good. Maybe you start to see as rates move higher and returned sir to move higher and returned to start to deepen in the bond market, people moving equities and supporting the equ...