An Impending Bond Rally
All the pieces for an emergent bond rally are falling into place. These include a move back toward inversion with the two-year note trading under federal funds, rising swaption volatility, declining inflationary expectations and a slowing economy. A final rate hike on June 29th will complete the picture.
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Commentaries — June 8, 2006
An Impending Bond Rally All the pieces for an emergent bond rally are falling into place. These include a move back toward inversion with the two-year note trading under federal funds, rising swaption volatility, declining inflationary expectations and a slowing economy. A final rate hike on June 29th will complete the picture.