Looks like a ton of capital fled equities/commodities into bonds, to avoid market turmoil/uncertainty (aka, the "safety trade").
After the House Passes the Bailout on Friday, we should see bonds sell off as some confidence returns to markets and money moves back into equities/commodities, at least for a short term bounce.
This is probably a 1 week swing trade.
After that, the market will probably head back down = bonds up.
Thoughts?
After the House Passes the Bailout on Friday, we should see bonds sell off as some confidence returns to markets and money moves back into equities/commodities, at least for a short term bounce.
This is probably a 1 week swing trade.
After that, the market will probably head back down = bonds up.
Thoughts?
