Market Insider

Who is right: Bond traders or stock traders?

Message from the bond market

Producer price inflation data and industrial production are among the reports expected Friday, as traders attempt to decipher whether the bond market or the stock market is sending the right signal.

Stocks were on track after Thursday's gains for the best weekly performance since July 3. The bond market, meanwhile, plumbed yields at the bottom of the recent range after a $16 billion 30-year bond auction drew strong demand at low yields last seen at auction more than a year ago.