The benefits of merely mentioning the strategy started showing up right away. Yields were down and prices were up as traders loaded into U.S. bonds. All aboard the Fed’s Bond Yield Express! Destination Zero! You can see below that the current yield curve is more of an on-ramp. And the only reason it looks moderately curvy is the scale on the y-axis. Read on…
December 17th, 2008 | Dan Denning | 0 comments | Continued


