Tags » Fixed Income
I’ve always thought that it never makes sense to get bullish unless you can see that the drivers of the bear market are breaking down. Hence the recent rally in Zambia USD paper has caught my attention. 277 more words
Well the market is closing today without substantial change again, having been brought back one more time, most likely by the HFT boyz.
Of course, they have been ably assisted in this mission by the dip buyers, and by the absence of any real selling. 220 more words
Generally, a sharp fall in bond prices, the result of a sudden increase in the credit spread on the bond, is a strong indicator to me that the issuer is perceived to have become higher risk by the bond markets. 565 more words