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Yields' Fake Rally

by Ashraf Laidi
Oct 16, 2014 19:26

You know there's something inherently wrong with markets when each of the few recent rallies week was strictly caused by the Fed. Today's remarks fron St Louis Fed's Jim Bullard suggesting the Fed ought to consider delaying the end of QE is not a joke. Greek spreads are back and the yields dwontrend remains intact. Full charts & analysis.

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Yields' Fake Rally - Spreads Oct 16 (Chart 1)

 
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