The Flexis and the Vigis, from Victor Niederhoffer
No sooner said that increase in inflation expectations might change the schedule of flexionic payments, then bonds go to a 3 month low. The vigilantes finally do their thing.
Vince Fulco writes:
Especially on a day when the former Harvard head said the Fed "needs to do much more".
Ken Drees comments:
Back to back red days per dailyspec calendar– recently rare.