Will Bonds explode again tomorrow on weak PPI, claims, and business inventories?
Bonds: All Time Low Yields!
- Thread starter The Answer
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all i know is i saw 30 yr mortgage no points @ 5.00% . and i think they are going lower, way lower.
OI is up, strong volume, late day buying - Lower yoelds here for a while is the probability.
That said if the next two days data conflicts with current perceptions I would expect the news to be faded and the overall result is unchanged over all or slightly higher.
If equities continue to fall maybe the inverse correlation will pick back up and yields will continue to rise based on that. Or maybe Asian central banks will keep buying trying to keep the dollar up?
Possible buying opportunity?
That said if the next two days data conflicts with current perceptions I would expect the news to be faded and the overall result is unchanged over all or slightly higher.
If equities continue to fall maybe the inverse correlation will pick back up and yields will continue to rise based on that. Or maybe Asian central banks will keep buying trying to keep the dollar up?
Possible buying opportunity?
I've got a pretty big bond position on. Any thoughts would be appreciated.
Bonds are near Jan-Feb 2000 levels for stocks; not far off from a top.
Think Nazz 4500; before the 5100 blowoff top.
Close; dollar drop will see to it. Just think bond bull born in 1982?
21 years of rising bond prices coming to an end? Easy bond bux made IMO; crumbs left for speculators.
Good luck,
David