The S&P may be fluctuating around 1350 - 1390,but the...
The S&P may be fluctuating around 1350 - 1390,
but the bond market is in a clear trend.
The bond market is signalling a return to the "risk-on" trade. Fixed-income investors have been moving out of safe US government securities and into high-yield corporates.
Quality spreads have been growing narrower for the past week. Soon this confidence should translate into a stronger equity market.
Buy Timing the Market at Amazon.com
but the bond market is in a clear trend.The bond market is signalling a return to the "risk-on" trade. Fixed-income investors have been moving out of safe US government securities and into high-yield corporates.
Quality spreads have been growing narrower for the past week. Soon this confidence should translate into a stronger equity market.
Buy Timing the Market at Amazon.com
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