... we could be stuck at depressed levels throughout August, but we wouldn't be surprised to
see some relief rallies along the way.
We might
see a relief rally from this strong support zone.
We might
see a relief rally from this strong support zone.
Not exact matches
Junk - bond ETFs
rallied on Wednesday, as markets breathed
relief that the «fiscal cliff» is no longer a concern and as a result, bond yields are under 6 percent for the first time ever, and junk ETF share prices hit levels not
seen in years in some cases, according to an article on ETF Trends.
Given that Treasury yields broke through levels that have been a fairly reliable barrier for several years now, it wouldn't be surprising to
see bonds stage a «
relief rally» here, but both yields and market action remain unfavorable overall, holding the Strategic Total Return Fund to a roughly 2 - year duration, primarily in Treasury inflation - protected securities.
Last week, its CEO told CNBC that he
sees a «third wave» of volatility poised to strike the market after a
relief rally that happened largely on thin trading volume.
I could
see a little
relief rally hit and then sell off when the realization that it's still earnings that matter most and a single president isn't going to destroy or cure the business cycle.