Hi, when oil futures spiked up to $75/barrel today, any idea why the 30 Tsy rallied also? I would've thought higher oil would mean increased inflation and therefore put upward pressure on the long end of the yield curve. thanks
Hey no problem. The govt doesn't factor in price of oil in the CPI. So it must not cost us anything more at the pump. What..... me worry?
more than likely a fear over instability of strength in the economy due to higher energy prices...so given the recent rise in bond yields they were probably being bought for a little portfolio security
'I LOVE MASTERBATING WITH LITE SWEET CRUDE! Booyah! Long Oil = $$$ My plan is working perfectly.' Then why are you still masterbating, you got to be swamped by ladies wanting to go shopping.