
Sept. 10 (Bloomberg) -- Treasury investors basking in the biggest rally in four years have reason to fear for their profits: The largest owners of U.S. government debt are heading for the exit.
Maybe, but the chart says even lower on yields (higher bonds) if we can't get back above 4.5% soon. Maybe even 4.1%, 1998 and 2001 lows. They give us that, I would load up on stocks.
As for daytrading equity futures, please keep it simple: long when they sell bonds and short when they buy them. It is not rocket science. At least for now. When it changes, we will know.
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