Another Move to Long Term Lows 'Just Because'
Another Move to Long Term Lows 'Just Because'
Today began with more upward pressure on yields, apparently due to a higher-than-expected inflation report in the UK. That jived with much of the recent analysis which gives plenty of credit to UK market volatility for spilling over to the US. A closer look at this week's US vs UK yields shows a breakdown in the recent correlation--one in which US yields are continuing higher while UK yields are recovering. We were left with explanations so unsatisfying that they may as well be filed under "just because."
Another Move to Long Term Lows 'Just Because'.mp4