Following headlines like these...
Wednesday, August 5, 2015
Monday, August 3, 2015
Despite reassurances from the Fed, the skyrocketing Treasury bond market is sending the message that investors are extremely worried. They're buying US government bonds as if there's no tomorrow. That means only one thing: they're worried!
Even as the Fed talks about possibly raising interest rates, investors don't believe they will. They're buying bonds, which lowers interest rates. That means that their fears outweigh what the Fed is saying!