Thursday, April 28, 2011

Surprised By Bullish Action In Bonds?

This "Chart of the week" from macro team at Nomura explains the bullish action (lower yields for longer term bonds) in US.

Click on charts to enlarge, courtesy of Nomura.

If that is not a sufficient evidence, one may look at the latest updates on global cooling by Simon Ward.

Well, Citigroup Economic Surprise Index provides an alternative view too.

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