It would apprear that the 4% 10 yr bond rate that has been neared in recent days is just too low for fund managers to accept for their clients.
The 2 year rate is around 2%.
At this stage it appears the US equity market is seen as the better growth alternative.With the prospect of the 2 year rate being lowered to 1.75% in the next month this appears to be justification to see a sound upward rally to years end. If the current series of higher lows continues a sustainable rally is a strong chance.
As they say you shouldnt fight the Fed.
Fitzman
US 10yr Bond 4% is the trigger
Add EMC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
12.5¢ |
Change
-0.015(10.7%) |
Mkt cap ! $20.53M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.0¢ | 12.5¢ | $117.9K | 892.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 109300 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 129251 | 2 |
View Market Depth
| Last trade - 16.10pm 28/05/2024 (20 minute delay) ? |
|
|||||
|
Last
12.5¢ |
Change
-0.015 ( 10.7 %) |
||||
| Open | High | Low | Volume | ||
| 14.0¢ | 14.0¢ | 12.5¢ | 146015 | ||
| Last updated 15.01pm 28/05/2024 ? | |||||
| EMC (ASX) Chart |