Bifurcated: divided into two branches or parts (Merriam-Webster)
On the LHS is not the share price of a MEME stock but illustrates the recent parabolic move in the yield of the 3-month US Treasury bill (yields move inversely prices), arguably the safest investment on the planet.
The message from money markets: Fears over a possible US default are justified, and real.
Meanwhile, on the RHS, risk assets continue to remain remarkably well-behaved, evidenced by a fresh ATH high in the relative performance of US equities (S&P total return index) vs long-term US bonds (TLT Index) this week.
TEAM plc (LON:TEAM) is building a new wealth, asset management and complementary financial services group. With a focus on the UK, Crown Dependencies and International Finance Centres, the strategy is to build local businesses of scale around TEAM’s core skill of providing investment management services.