Today both stocks and bonds went up... anybody could explain?

many times the obvious is not so obvious. many times i've seen oil moving in same direction as a dollar. go figure

what i also notice today that such enormous move in stocks was made on shitty volume
 
German bonds lost ground on hopes the EU Summit might ease strains in the Euro debt market, while US longer term
Treasuries rallied on hopes of a breakthrough in the acrimonious negotiations on the debt ceiling. Both themes will continue to dominate trading today.

US Equities jumped higher on Tuesday with the S&P posting its biggest gains since March as US President Obama endorsed a bipartisan deficit-reduction plan.
This morning, most Asian shares trade in positive territory, but Chinese ones underperform after a legislator said the central bank should keep raising rates.

https://multimediafiles.kbcgroup.eu...unrise_market_commentary_0900dfde8028b215.pdf

Stocks and treasuries both love the thought of keeping US AAA status, throw in a bit of spread unwinds between US and European bonds and some earnings data and seems a feasible explanation
 
:/

It's somewhat rare but I don't see why it should be impossible or noteworthy they both went up. Maybe someone should explain that first, other than "because that's the most common case".
 
This (mis)perception is the by-product of the overly enthusiastic application and acceptance of the so-called "Fed model" for asset allocation. To put it mildly, it's not ideal, even when applied over longer horizons. It's totally absurd to try to think that it means anything for daily movements of various asset prices.
 
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