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Hedge-fund boss who predicted ’87 crash sees stock market, bond yields set for ‘crazy’ tandem rise

Hedge-fund boss who predicted ’87 crash sees stock market, bond yields set for ‘crazy’ tandem rise

Paul Tudor Jones, a hedge-fund luminary, said he’s expecting bond yields and stocks to rise in tandem toward the end of 2018. “I think you’ll see rates go up and stocks go up in tandem at the end of the year,” Jones told CNBC Tuesday morning. “I can see things getting crazy particularly at year-end after the midterm elections,” Jones said, referring to the potential for U.S. equities to rally after key notes in November.