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Barron's says stocks have resumed their rally while Treasury volatility remains elevated, with 10-year yields at multi-decade highs and the gap between bond and equity risk measures widening. The piece argues that earnings season, fiscal risks and higher oil prices could shape which market lead persists.
Stocks have resumed their rally while bond-market volatility and Treasury yields remain elevated, creating a widening gap between equity and fixed-income risk signals. The piece argues the divergence may matter for how investors price near-term risk.