bc818

Bond Expert: Friday Wrap

In your corporate bond examples you mention corporate bonds remain rather rich. What if its the Treasury yield that's too low? 30 yr mortgage rates are sub 5% and the Fed is almost finished with their buyback. If they couldnt break 4.5% with the Fed purchasing, then i dont see them doing it without the Fed this time either. Consequently TBT is the lowest its been since April. I'm long TBT options looking for a rise next week. Looking hard at PST too.