Hilsen-Ramp Off In Credit And Bonds
Bond markets were slow to react to the Hilsenramp - forced by equities it seems in the short-range - but have now reversed their gains. Credit markets stopped believing about 30 minutes ago. Are equity markets, having trod water around VWAP for a while, now ready to revert back to a world absent the WSJ reporter... or primed for a melt-up into OPEX?
Bonds were late to rally and quick to snap back to reality...
Credit markets stopped believing...
But stocks have played at VWAP (notice the last bounce was volumeless - red below average volume bars)
- advertisements -