Stock Pick – CBOE Interest Rate 10-Year T-Note
With the Olympics over and US, UK, and EU vacations soon coming to an end,
investors will re-assessed the next step for Europe and the US economy. It may makes sense to buy dips, sell into strength; or wait for a better entry to add structural shorts.
Excerpt of an article featured on WSJ, Buyers Find Reason To Purchase Treasurys.
It was a bittersweet tale for the U.S. Treasury bond market: Bond prices strengthened Friday yet still logged a fourth straight weekly loss. The four-week rise in the benchmark 10-year note’s yield, which moves inversely to its price, was the longest since December 2010.
The flight out of the major safe-haven market signaled that fears over the global economic outlook have receded in recent weeks. As consumer sentiment brightened, U.S. stocks posted the longest winning streak since January 2011. Yet in a tentative sign that the selloff …
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