BONDS … selling off
Donnerstag, Mai 29th, 2008Bonds are selling off as June contracts are close to expire … WHY??? Inflation is ramping, credit crunch seems managable … so the Hedges are SOLD. And now the speculation starts … WHAT’s NEXT??? Interest rates HAVE TO RISE!!! Next step of FED and ECB will be UP … a rate HIKE!!! This is reflected [...]

