Makes no sense bonds and stocks to rally on together. Even if fundamentals are week stocks will not go down in the near term - especially with PPT ready to swing in.
The whole point of QE is that there's no need PPT; The market is more than willing to lift all risky assets
Quote from Shagi:
Bonds have topped out at 135 - going down to 130
Makes no sense bonds and stocks to rally on together. Even if fundamentals are week stocks will not go down in the near term - especially with PPT ready to swing in.