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CMT Association CMT Program CMT-Level-II Question # 21 Topic 3 Discussion

CMT-Level-II Exam Topic 3 Question 21 Discussion:
Question #: 21
Topic #: 3

Which intermarket relationship may NOT hold when commodity prices decline (i.e., during periods of deflation)?
A.

The link between the dollar and commodities

B.

The link between commodities and bonds

C.

Intermarket analysis is unaffected by deflation

D.

The link between the equity and bond markets

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Actual exam question for CMT Association CMT-Level-II exam by Riven4742 at May 1, 2026, 9:46:52 PM

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