The bond market's (still the world's most hated asset class) continued strength in the face of...

|By:, SA News Editor

The bond market's (still the world's most hated asset class) continued strength in the face of positive economic surprises and the embracing of risk means Treasurys are treating spiking oil prices as a "deflationary shock," writes David Rosenberg, reminding that each penny increase at the pump "siphons away around $1.5B from consumer wallets."