key, "maybe the dip in our market based on the current world and local news is finished" have the problems in Iraq somehow vanished? Is it now the buzz of bees in Northern Iraq instead of drones in a bomb dive? Has Putin backed off his vitriol of Ukraine and the 'poor' separatists? Syria's government is all coochy coo with the ISIL now? etc etc.....
Bond markets seem to feel there's more bad than good out there beyond our shores.
And why does the bank analysis believe that rates will drop? Are things that good here in Auzzie?
Really everything evolves around Chinese growth. If it doesn't, it's bad news.
Maybe the dip just passed is the precursor to something much bigger. But for the moment markets are enjoying a dose of fresh air after a storm.
