Tag Archives: Distortions

The Broken Bond Market

The Fed tightens on Wednesday and bonds rally.  What the hay? GaveKal, Jeff Gundlach,  and Jim Bianco nailed it in that every spec and their mother are/were short 10-year Treasuries. Source: Quandl (see here for interactive chart) But this is … Continue reading

Posted in Bonds, Monetary Policy, Sovereign Debt, Sovereign Risk | Tagged , , , , , | 27 Comments