• The $14 trillion bond market has caught Wall Street off guard

    5 monthes ago - By Business Insider

    The $14 trillion Treasurys market was rattled this week by news from several central banks.
    Investors were led to believe that Japan, China, and the Eurozone could be slowing their bond purchases.
    "None of these developments were priced into the market as interest rates rose in response," analysts at Bank of America Merrill Lynch said.
    But a strong auction for Treasurys this week, and misinterpretations of what China and Japan signaled, indicated there's still a healthy appetite for US debt.
    The $14 trillion market for US government debt heard a number of loud warning shots this week.
    On...
    Read more ...