After bond rallies, here's what happens to stocks

Due to uncertainty over Brexit, global economic worries and easy central bank monetary policies, investors piled into government bonds in the last month. What happens to the stock market after big bond market booms?

Global 10-year government bond yields in the U.S., Germany, U.K., Japan and Switzerland hit new all-time lows Wednesday. The iShares 20+ Year Treasury Bond ETF (TLT), a good proxy for bond moves, rose more than 7 percent in the past four weeks.

Using Kensho, a hedge fund analytics tool, we looked for what happens next after the TLT ETF rose 7 percent or more in one month since 2005.

Here is what we found...