Friday, September 10, 2010

Divided On Double-Dip

Nice chart from the credit strategists at Citigroup Global Markets. Click to enlarge, courtesy of Citigroup Global Markets.

I have been taught that bond markets lead equities, but who knows how it is this time? Maximum pain scenario would suggest a FALSE 3-4 days break-out above 1130 area for S&P500 ...

1 comment:

  1. Yes - very similar chart for ftse vs UK 10 yr yield. Completely out of whack.