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whidbey is a
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This write up is hardly worth the effort. The pressure on bonds comes from the ECB and the Fed. Neither knows what they want and both are muddling through waiting for something they can make policy on. We know the EU will want higher rates, but we know politically it is not feasible. We know the Fed is about the same. What moves events? the unknown of credit quality in bank assets. We are waiting for Godot to come with his answer. This will not end well.
Jun 11 16:55 pm
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All Comments by whidbey »Bond Expert: Wednesday Outlook [View article]