What Is Going On In the Bond Market?
Posted by Larry Doyle on December 15th, 2010 7:02 AM |
Interest rates globally have moved up approximately 50 basis points (.5%) over the last month with the bulk of that move having occurred in the last week. What is going on? What is driving this move higher? A harbinger of better days ahead or an indication that the massive deficits in selected nations will require higher rates to attract capital? Or both of these reasons and a lot more. Let’s navigate. (more…)
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