Bonds are cushioning tech dips again going into the Fed.
For most of 2026, yields rose on days the Nasdaq fell.
That flipped in October: the 20-day correlation between 10Y yield moves and Nasdaq 100 returns is +0.58, highest since Oct 2025, from -0.68 on Sep 30.
Bonds of Ineos Quattro slumped after the unit of Jim Ratcliffe’s chemicals empire reported that pricing gains from Iran war-related import disruptions are fading.
Bonds may finally be staging a comeback. Jeffrey Rosenberg of BlackRock told Reuters that doubts over AI reflect the risk that growth may fall short of expectations, leaving bonds as the only remaining diversifier and giving them a 'new lease on life'