The Bond Bear Market May Be Over. What This Means for CME Group.
Bear markets are generally not good news for exchanges. Bull markets generate a lot of trading, while bear markets are typically characterized by low volumes as investors wait for the all-clear signal. In CME Group's (NASDAQ: CME) case, though, the bear market in bonds in 2022 was actually good news -- even though its stock dropped over the course of the year. Why is that?
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CME Group is a company of exchanges including the Chicago Mercantile Exchange, the Chicago Board of Trade, the Commodity Exchange, and the New York Mercantile Exchange. Investors can trade stock index futures and options, commodities, and interest rate products.
Source Fool.com
