Gods of the World

Gods of the World

Tuesday, August 09, 2011

Are you serious? Look at the 3 year auction today...

Wow, 32$ billion with high yield of 0.5%? Say goodbye to your equity market. I'm telling you, when the bond market reverses, it will be a horrible scene....





While we are at it, as my boss Joe mentioned, take a look at the CAD interest rate curve, rate cutes from 1%, really? Should someone put a trade before this thing flattens out?





No comments:

Post a Comment