Market whiplash as sentiment takes a hit
NAB Morning Call
00:00
Are the Markets Facing a Reality Check?
A lot of that reaction, of course, yesterday was based on that one line. So i don't know where that came from. The speed and the size of the moves in ten years, you know, up from what, two, 93 to three ten at one point min at come off that high. Now, similar moves to new, what, three or four year, three year hies in the 30 year and new hies in 30 year mortgage bonds,. suggests that there was something going through, some kind of an order flow that may have triggered something. I have no evidence to prove what's going through there at the moment. We can't really read much into that.
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