EFTA00818577Set 9
2016-09-1211p1,706w
downside.
EFTA00818582
cid:1904189199
Source: Bloomberg
SPX / Bond Correlation Moving Higher as Hourly SPX-IEF Correlation Ticks Positive
More importantly the correlation between US equities and US fixed income ... equities can be seen in the
chart below, which show hourly correlation btwn SPX & IEF (the bond etf 7-10y proxy) ... over the past year, positive
hourly bond-equity
https://www.justice.gov/epstein/files/DataSet%209/EFTA00818577.pdf