Wednesday, October 5, 2011

Watch the Bonds

S&P had a %4 percent run from the bottom to the top yesterday as Greek bailout rumor #137 came out.  Quick check of Greek bonds yields, up to %139.  Yield up price of bond goes down.  Equities seem to ignore the bond market which is not a good idea.  So will one of these rumors be true or will European leaders just go NBA lockout style were everyone loses.

No comments:

Post a Comment