Bonds Close Out Epic Week of Resilience With Friendly Data
Bonds Close Out Epic Week of Resilience With Friendly Data Friday was a logically friendly day thanks to slightly lower CPI. But no matter what happened on any of the other 4 days, this week was all about bonds ending up at much stronger levels in spite of a jobs report that should have sent rates higher on Wednesday. Ironclad justification remains impossible, but the leading theory involves heavy liquidation mode in…
