The harsh reality is that stock prices closed the week lower. Yet the fact remains that it was an explosion of some kind in the bond market that lit the fuse.
No matter what your stance may be on the ultimate onset of monetary tightening around the world, the UK example shows that there are many ways of trading these changes.
Treasuries rose in the longest rally in more than a year as the European Central Bank was said to wait until a court ruling before unveiling full details of a bond-buying plan to help resolve the region’s debt crisis.
