It amazes me that treasuries continue to move higher day after day, thus forcing interest rates down. I suppose that if commodity prices continue downward, the case can be made for the Fed not to raise interest rates at any point in the foreseeable future. This would seem to be bullish for treasuries. Note that the daily chart continues its bull run.Wednesday, July 9, 2008
Treasure Trove of Treasuries
It amazes me that treasuries continue to move higher day after day, thus forcing interest rates down. I suppose that if commodity prices continue downward, the case can be made for the Fed not to raise interest rates at any point in the foreseeable future. This would seem to be bullish for treasuries. Note that the daily chart continues its bull run.
