Calafia Beach pundit commentary and analysis.
What prompted me to make this call? It was the recent 47 bps bounce in 10-year German bund yields, off of an incredible low of 0.05% a few weeks ago.Whereas Armstrong suggests a final blow off top in bonds, as stock markets dip, and divergent strength in the US against European before the true rush from government debt & bonds floods into the US stock market.
Gary Tanashian points out that the bond bull "continuum" is still very much in place
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