Interest Rates |
|
|
June 29, 2009 - My comments remain unchanged from recent letters. With each passing day, December's top in prices (i.e., low in yields) looks more and more certain.
However, from a short-term perspective, the price of long-term government paper is in a countertrend rally. In other words, prices are rising, and yields are falling. I don't expect this decline in yields to last much longer. But I don't have any specific recommendations for traders at the moment as to when to enter on the short side of this market. So for now, I recommend that traders stay on the sidelines. << Back

A List of Related Articles Follow ...
Interest Rates
Interest Rates
Interest Rates
Interest Rates
Interest Rates
|
|
|
Subscribe to FGMR's Newsletter
More Market Commentaries
February 15, 2010 – An article yesterday by the Associated Press delivers a stark assessment ...
September 2, 2009 - The yield on the 10-year T-note closed today at the lowest level since ...
August 10, 2009 - On July 13th traders sold short the 10-year T-note. The yield on the T-note at ...
View All Market Commentaries >>
|