Forum Home | Log in | Signup | My Page | Rules | FAQ | Boards | Members | Search
« POPE 5 Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

Re: "The Bond Bubble Pops": This Is Why The Fed Bailed Out The Bond Market 

By: Zimbler0 in POPE 5 | Recommend this post (2)
Sat, 28 Mar 20 1:35 AM | 52 view(s)
Boardmark this board | Pope 5 		Msg. 56973 of 62138
(This msg. is a reply to 56948 by capt_nemo)
Jump:
Jump to board:
Jump to msg. #

>>>
not into stocks but into the one asset that most certainly is not "trash": cash.
>>>

If we go into HyperInflation . . .
Cash will be Trash.

Zim.




Avatar

Mad Poet Strikes Again.


 - - - - -
View Replies (1) »



» You can also:
- - - - -
The above is a reply to the following message:
"The Bond Bubble Pops": This Is Why The Fed Bailed Out The Bond Market
By: capt_nemo in POPE 5
Fri, 27 Mar 20 9:24 PM 		Msg. 56948 of 62138


There is a reason why the Fed took the unprecedented step to announce it would begin buying corporate bonds this week: according to Bank of America, which is looking at the latest EPFR fund flow data, March 20 was the "bond capitulation day" when a record $34.6BN in redemption from bond funds took place.

This, together with the record outflows observed in the past two weeks which now amount to a "stunning" $218BN in bond outflows led BofA CIO Michael Hartnett to declare that the "bond bubble has popped" leading to an almost identical inflow, or $234.6BN, not into stocks but into the one asset that most certainly is not "trash": cash.

Uploaded Image

http://feedproxy.google.com/~r/zerohedge/feed/~3/35ezjXH1k_I/bond-bubble-pops-why-fed-bailed-out-bond-market

« POPE 5 Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next