::. NEWSLINK
ZEROHEDGE
::. 3 hours ago.
It's The Dollar, Stupid!
Authored by Michael Lebowitz via RealInvestmentAdvice.com,
Our recent article, Why Are Bond Yields Rising, explains that the recent 1% increase in yields, as shown below, is almost entirely due to negative sentiment. As we wrote, the bond market calls sentiment the term premium. Of the 1% yield increase, only 10% is due to fundamental factors, leaving 90% a function of bond investor concerns. Consequently, the term premium is at its highest level since at 38
0
0
THANK YOU FOR VISITING NEWSMIX.ONE