Jimmy wrote: Thu Jan 03, 2019 3:26 pm

You know your stuff Rijay. Yields are definitely playing an important role right now.

It'll be interesting to see how the market moves during the European and US cash trade sessions today.

all jitters have started coming in different markets as US 30 years bond is showing massive bond buying after hitting very long term trend line since 1998, and moving up after crossing its down trendline to upside.

that shows market is factoring in no more rate hikes, and lower interest rate environment, that follows on global slowdown and more worse is recession when fed will be forced to cut rates. looks too early to predict recession though at present.

picture on euro bund and japan bond long term chart is even worse.