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Bonds haven't reacted very well to a ton of promising fundamental junk...
good numbers, huge weakness in the CRB index and industrial materials
(Crude) and much weaker shares. I have seldom made a lot of money bucking
the commodities trend when trading bonds so I am having a lot of trouble
taking more than swing or trading turn shorts, but the poor reaction to
very good news is a clear problem.
Stewart Taylor
Taylor Fixed Income Outlook
Voice: 501-219-9774
Fax: 501-228-0963
E-Mail: staylor@xxxxxxx
Web Site: http://www.cei.net/~staylor/
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