As the new year nears, investors are revisiting their portfolios. Yahoo Finance’s Madison Mills explores the correlation between bond yields (^FVX, ^TNX, ^TYX), gold (GC=F), and bitcoin (BTC-USD) with equity performance.
According to BlackRock, government bonds are highly correlated with equities, while bitcoin and gold exhibit more independence. This makes cryptocurrency and commodities attractive options for diversification in uncertain markets.