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