This page has been archived and commenting is disabled.
10Y Treasury Yields Top 2.00% As Greek 'Compromise' Trial Balloon Sparks Risk Rally
While "sources" have yet to confirm anything about an extension for Greece (and some have actually denied it - Italy's Padoan "hasn't seen any plan yet"), US Treasury yields are rising (10Y back above 2.00%), and risk assets rallying in Europe and US. Greek stocks are up over 7% today (taking them up 2% on the week) but Greek bank bonds remain lower on the week (despite today's rally). US equities are sceptically rallying on the back of USDJPY momo ignition, auctioned up to pre-payrolls stops.
European stocks are drifting higher but only Greece is super-excited...
But Greek bank bonds - perhaps the most sensitive asset to Greek bailout - has not recovered yesterday's losses...
But US Treasury selling continues...
And US equity buying - supported by USDJPY - auctions stocks up to the payrolls level
Charts: Bloomberg
- 3234 reads
- Printer-friendly version
- Send to friend
- advertisements -






Yes, let rates rise already motherfuckers!!!
my condolences to those who didn't btfd yesterday
in another week or 2 this might be considered the dip one should have bought.
must be a depression with 6 years of zirp and qe 1, 2, 3 and all the secret shit we dont know about
and it is! its the conversion to modern day slavery. and the people are putting up no resistance.
Hopefully you didnt buy the futures dip.
Just convert infinite duration financial assets to real assets each and every day and you'll do very well regardless of the path we follow...
"btfd"
It's what it's about.
Have to run the market back up.
this is mother fucking crazy
Crazy like a fox.
Risk on bitchez!
Rumor has it, that rumor has it, that your rumor has it that a rumor has it...that you should always and forever BTMFD!
A mouse farting in the forest sparks a rally in this rigged market.