Bond Yields and Equities Diverge

by Benjamin Domenech on 9:14 am September 1, 2009

Richard Cookson’s thoughts: “Now, it could be that the world and his dog were short government bonds or at the very least underweight and have been forced to cover as prices rose. But in this case, the consensus might be right about the longer term direction of government bond yields, only wrong about the timing.”

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