The Traderszone Network

Published in TZ Latest News 16 June, 2014 by The TZ Newswire Staff

Treasury Bulls Beware: A Cautionary Tale From Punk’d British Bond Traders

Bad data, don’t worry, the central bank’s got your back; Good data, don’t worry, the central bank promised to stay easier for longer and longer (no matter how good things appear from the data). That’s the meme that has driven the short-end of the world’s largest bond markets to record lows. And then, just as the world’s bond traders think they have the central banks understood, the Bank of England drops a tape-bomb…

 

Just when you thought you knew your uber-dovish central bank, this happens:

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