Investors are buying into the riskiness of stocks, but they’re also buying the security of the bond market.
That’s not the usual course for markets, but it has happened before. The conflicting investment trend comes after the Federal Reserve made an about face on its tightening policy, making risk assets more attractive. It also comes as bond investors worry about spotty U.S. economic reports and signs of continued deterioration in manufacturing and consumer data in Europe and Asia.
