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If Everything's "Fixed", Why Is This Happening?

Tyler Durden's picture




 

From the open of yesterday's US day session, Treasuries had been selling off as risk-on flows encouraged by Syrian 'compromise' and apparent good data from Asia (China crude imports lowest in 11 months and Japanese GDP miss). It seems that hope-fueled trend continues its momentum run this morning in stocks but once the JOLTS data hit and showed the 'recovery' for what it really is, it appears Treasuries are well bid on slow-growth (and not un-Taper) flows...

 

 

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