For the past year, stock and bond prices have mostly ebbed and flowed in tandem. Such positive #correlation has long been a big fear for many, as it reduces the benefit of holding both asset types. But what we just saw is a switch back, chart @ReutersMikeD https://www.reuters.com/markets/us/markets-may-be-waving-not-drowning-mike-dolan-2024-08-09/