eli5: Why are both S&P 500 stock and bond indexes down YTD instead of being the inverse?

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Aren’t stocks and bonds supposed to move in inverse to each other?

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Anonymous 0 Comments

Bond prices drop when interest rates are about to rise – why would you buy a low-yielding bond today when you could get a better-yielding bond tomorrow?

The stock market drop is for a similar reason, why invest in risky stocks when a better, safer option is on the horizon?

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