XJO 0.33% 8,226.3 s&p/asx 200

wednesday wobbly boots, page-4

  1. 3,159 Posts.
    So are treasuries telling us that its long stocks for longer...?

    Been a bit of movement lately...

    ^TNX 10yr Notes appear to be looking for a longer term bullish trend based on a few indicators.

    TREASURIES-Bonds fall as recovery hopes fuel risk appetite

    NEW YORK, Dec 22 (Reuters) - U.S. Treasury debt prices declined on Tuesday as optimism over an economic recovery led investors to favor stocks and riskier assets over safer, low-yielding government debt.

    Data showing a surprisingly strong 7.4 percent increase in existing home sales in November fanned hopes that nascent growth would accelerate next year. That news eclipsed government data revising down its third-quarter reading on gross domestic product...

    http://www.reuters.com/article/idUSN2211710320091222
 
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