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What does the bond market know that we don't?

Started by Riversider
over 15 years ago
Posts: 13573
Member since: Apr 2009
Discussion about
The yield on 10-year US Treasuries hit a six-month high of 3.33 per cent on Wednesday, up 0.39 percentage points from Monday and 1 percentage point higher than its October low. Japanese five-year yields also rose the most in two years, while Germany’s benchmark borrowing costs hit 3 per cent. “People are getting out of the market and moving to the sidelines, feeling shellshocked at the speed of the rise in yields,” said David Ader, strategist at CRT Capital.
Response by w67thstreet
over 15 years ago
Posts: 9003
Member since: Dec 2008

This is the most telegraphed actionable market trade in the history of nyc re. Flmaoz. You want $500psf? Herez it comes you bitches.

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Response by inonada
over 15 years ago
Posts: 8085
Member since: Oct 2008

Me likes "w67thstreet Uncensored". Keep at it, ole boy! You've moved onto a better place...

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Response by jas
over 15 years ago
Posts: 172
Member since: Aug 2009

It's like a Rorschach test. The WSJ says that it is the consequences of an increased deficit given the tax plan that was just announced. The FT says it is upgraded estimates of growth given the backdoor stimulus plan that the President just announced. Stay tuned.

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Response by Riversider
over 15 years ago
Posts: 13573
Member since: Apr 2009

I hope, because often the bond market predicts trouble ahead of the stock market

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Response by calldn
over 15 years ago
Posts: 54
Member since: Mar 2009

with interest rates rising and set to keep rising real estate sales could take a big dip.

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Response by Riversider
over 15 years ago
Posts: 13573
Member since: Apr 2009

Eventually.
But even a 6% mortgage rate is historically very cheap. I'm more concerned with bonds competing with stocks. The average person does not forgo a home purchase to speculate in the stock market.

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Response by jason10006
over 15 years ago
Posts: 5257
Member since: Jan 2009

You can't be that stupid. The bond market, like most economists, now thinks growth and therefore inflation will be higher next year. Duh. These rates are amongtst the lowest in 60 years.

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Response by alanhart
over 15 years ago
Posts: 12397
Member since: Feb 2007

Yeah, well you're all wrong!

The bond market is telling you that this thread has absolutely nothing to do with NYC residential real estate, and its originator needs to be permatrolled.

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