Thursday, February 10, 2011

Limited Bid in Bonds

Just a quick observation that with a global risk off trade occurring the past 24 hours, bonds are not catching much of a bid.  The flight to safety trade is something Bernanke and the Fed will be watching for sure.  Just imagine if they engineered an equity sell off to drive bids to the bond market and yet bonds don't catch a bid.  It will be interesting to see how the next few days evolve.  


No comments:

Post a Comment