gordonscottcmt

Interest Rates Lower: Disinflationary or not?

Long
TVC:TNX   CBOE 10 YR TREASURY NOTE YIELD
The 10-year is dropping. That wouldn't naturally combat inflation , so shouldn't it fuel the fire instead? More inflation means cheaper dollars. Cheaper dollars means more expensive stocks, so in general, if TNX is going down, shouldn't SPX be heading higher soon?

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