The Fed will be forced to a new QE...and interest rates will fall. succederà che la Fed sarà costretta ad un nuovo QE...ed i tassi scenderanno
After Summers, the Tbonds are getting a good reward. Evidently, the market is expecting Yellen to be more possibilist on the continuation of the QE.
Too busy trying to understand the words of Bernankeâ¦so the market has forgotten about this: http://uk.reuters.com/article/2013/08/27/uk-china-economy-g-idUKBRE97Q02M20130827 That is the interest rates date of the top.
The problem of the debt ceiling is back: http://www.gmanetwork.com/news/stor...es-congress-to-pass-budget-raise-debt-ceiling
Finally my long on tBond is starting to give excellent results and I will remain long at least up to 3.50% of yield.
The purchase of Tbond is going on and the selling of emerging currencies too..this behavior is quite different respect to the one of May to September.
the pain has just begun for the most recent bond shorts- have fun watching rates plummet from here. wouldn't be surprised to see ZN test 2.00% this year and a similar move in the ZB. hold on to your hats