Who’s telling the truth – copper or bond market? – Investing.com
Most of the time, copper and yields tend to move in the same direction. Lately, something strange is happening!
This table examines (Green) and (Red).
The two headed sharply lower and hit a trough together in March of this year. Since then, copper has seen a very strong rally (up over 40% from lows) and yet yields are near all-time lows.
This price action has created one of the biggest…