This morning's exuberance in equity markets, despite weak inventories data and nothing good from AsiaPac, appears to be entirely ignored by the US Treasury market... Bonds ain't buying it...
This morning's exuberance in equity markets, despite weak inventories data and nothing good from AsiaPac, appears to be entirely ignored by the US Treasury market...
Bonds ain't buying it...
(Click on image to enlarge)
As bonds appeared to have had it correct from the start...
(Click on image to enlarge)
Even VIX is not playing along...
(Click on image to enlarge)
Chart: Bloomberg
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