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 first in selling of long […]
