How Far Will the Bonds Fall?

By -

Considering how much unintentional excitement I’ve had over the past 72 hours, I’m glad it’s a boring market day. Indeed, it’s like watching paint dry. “Old faithful”, the emerging market bonds fund, is down, even on a day like this. It seems ambitious, but I’ve laid down a target low for this pattern. It’s been rather breathtaking how reliable this short position has proved itself for months now.

Do NOT follow this link or you will be banned from the site!