Morning Bid: Rhyming but not repeating – Reuters

Morning Bid: Rhyming but not repeating – Reuters

A look at the day ahead in markets from Saikat Chatterjee

Is this 2000? Or 2006 or even 2019? Financial markets in the last two weeks have had analysts reaching for the history books to explain a vigorous stock market rally and rising short-dated government bond yields.

And while some of the analyses can get lost in the blizzard of impressive milestones notched up by commodities and bonds in the first quarter of 2022, one thing is clear: this has the classic indicators of a late cycle economic expansion.