EconomicsGlobal

US Treasuries vs US Stocks - Price Ratio #Stocks #Bonds #Markets

Long
IEF/SPY  
IEF/SPY  
After the formation of a solid "Inverse Head and Shoulders", the price ratio
price ratio between US Treasuries (IEF as proxy)(numerator) and US Stocks (SPY as Proxy)(denominator) took off past the neckline of 0.39 in early December. A Golden Cross between the 50/200 Day EMA further supports the trend.

This indicates that money is flowing into US treasuries, as a safe haven, as equities and other risk assets move further to the downside.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.