Bond Market Update
Although the bond market has been illiquid and somewhat untradeable given the QE from central banks, it now is time to focus on this market.
Bonds
Cry havoc and let slip the dogs of inflation!
Many traders immediately think of precious metals like gold (GLD, quote)when hedging inflation.
Spain Auctions 2.5 Billion in Euro In Long Term Bonds
Spain’s Treasury auction saw solid demand on Thursday sending U.S. futures higher. Spain issued 2.5 billion in Euros or 3.3 billion in U.S. Dollars across 2 and 10 year bonds. Although demand was high – yield ticked higher compare to the last auction in January. Within the secondary market yields for both were slightly below primary sale.