If there was one safe bet over the course of 2026, it was that treasury yields would rise alongside a move up in oil futures contracts. Over the past month, that ended, and according to Jeffrey Rosenberg, senior portfolio manager of the Systematic Alternatives ETF ( IALT ) at BlackRock, the world's largest asset manager, the breakdown in that trade has big implications for the market. "Oil and treasury yields had this amazing correlation and in October it just stopped," Rosenberg said on the most recent CNBC "ETF Edge.
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