Market Volatility Continues

News out of Europe put a dent in the Bond rally and cut into Stock losses, though Bonds did have a positive day. The late day sentiment could carry over into tomorrow’s trading as the news comes out of Europe. MARKET WRAP: The Bond markets rallied today after last week’s slide but the gains wereContinue reading “Market Volatility Continues”

It’s a great time to own Gold

It’s a great time to own Gold : Stock markets were unchanged today giving the Bond markets a reason to run higher. The 3.5% coupon jumped 25bp to end at 101.56, but ended below resistance levels set last October. Tech shares were sold aggressively today and pushed money into Bonds and utility related stocks. TheContinue reading “It’s a great time to own Gold”

Bond Market Continues To Remain Volatile

Bond markets fell today but were able to close near unchanged after a slightly better than expected report on GDP and after a 5.6% rise in Existing Home Sales for November. Our benchmark 4% coupon fell 3bp to end at 99.0. Stocks posted modest gains on the data with the Dow up 26.33 to 11,559.48,Continue reading “Bond Market Continues To Remain Volatile”

Stocks Rally after Holiday

NEW YORK (AP) — Stocks rose Tuesday after investors tried to recover some of the big losses that piled up in recent weeks following a string of disappointing economic reports. The jump in stocks came after investors looked past a report that growth in services businesses slowed last month. The Institute for Supply Management, aContinue reading “Stocks Rally after Holiday”

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