Analysts suggest that the impending European Central Bank meeting on 22 January, where full -
blown bond buying program could potentially be announced, had a lot to do with the SNB's timing.
Not exact matches
* The action in both gold and long - term Treasury
bond looks to me (yes, this is an entirely subjective, gut level reaction based on nothing but similar scenarios that my market - addled brain seems to recall in the past) like «
blow off» panic
buying.
When the Fed decided to terminate the junk
bond business to prevent the real estate market from
blowing up, all of our customers in North America, and Europe, suddenly stopped
buying at the same time.
Because I still have plenty of other potential
buys lined up, both cheap & interesting, and I suspect we have a QE /
bond yield - induced
blow - off phase to come in the developed equity markets.