The stock market has been flailing about like a teenager on cheap wine year to date, but so far the much larger, more sober bond market seems pretty sure about its preferred path: safe-haven inflows to U$ and the highest quality bonds. As shown in this chart of US 10-year Treasury yields, the Q-Eternity sponsored pump and dump in risk assets that began in the fall of 2012 is once more running low on believers in 2014.
Cory’s Chart Corner
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