everything up day
Moderator: Global Moderator
everything up day
Today UK 50year bonds are at a record low yield. The price is 31% above what it was earlier in the year. This is on a day when stocks and gold have also risen. I know it is pointless to follow day by day machinations such as this but I'm curious as to what might be happening. We have an on going QE program in the UK. Has that got something to do with it? Is it a consequence of a major sell off of Italian bonds with people who were holding those searching for anything else to park their money into?
"Good judgment comes from experience. Experience comes from bad judgment." - Mulla Nasrudin
Re: everything up day
I'm afraid you're going to have to survey many millions of people to find out the overwhelming factor for their decision. 
Re: everything up day
I'm sure part of it is people fleeing European sovereign debt.
Q: “Do you have funny shaped balloons?”
A: “Not unless round is funny.”
A: “Not unless round is funny.”
Re: everything up day
I'd bought some undated guilts just as QE was announced which made me more sensitive to price than I would have otherwise been.
I'd thought that QE and the constant rumble of Euro thunder would have acted to keep the price high and constant over the last few weeks, instead they seem to have been very volatile.
Equally gold and stocks haven't done what I might have reasonably expected either.
I actually find this quite reassuring.
I'd thought that QE and the constant rumble of Euro thunder would have acted to keep the price high and constant over the last few weeks, instead they seem to have been very volatile.
Equally gold and stocks haven't done what I might have reasonably expected either.
I actually find this quite reassuring.