The bond market fell sharply today after the US Treasury announced a $34 billion refunding package of debt securities.
This is a classic signal of a bear market.
In a bull market - or at least a stable one - markets sell off in anticipation of refundings, and bounce back as Primary Dealers stabilze their books.
skip to main |
skip to sidebar
Paterson's Web Links
Paterson's Weblog Archive
- 04/25/10 - 05/02/10 (1)
- 04/11/10 - 04/18/10 (2)
- 04/04/10 - 04/11/10 (4)
- 03/28/10 - 04/04/10 (5)
- 03/21/10 - 03/28/10 (3)
- 03/14/10 - 03/21/10 (2)
- 03/07/10 - 03/14/10 (4)
- 02/21/10 - 02/28/10 (2)
- 02/14/10 - 02/21/10 (1)
- 02/07/10 - 02/14/10 (1)
- 01/31/10 - 02/07/10 (2)
- 01/17/10 - 01/24/10 (1)
- 01/10/10 - 01/17/10 (2)
- 12/27/09 - 01/03/10 (1)
- 12/13/09 - 12/20/09 (3)
- 10/04/09 - 10/11/09 (1)
- 07/12/09 - 07/19/09 (1)
- 05/31/09 - 06/07/09 (2)
- 05/10/09 - 05/17/09 (1)
- 05/03/09 - 05/10/09 (1)
- 03/22/09 - 03/29/09 (1)
- 01/18/09 - 01/25/09 (1)
- 01/04/09 - 01/11/09 (1)
- 12/14/08 - 12/21/08 (1)
- 11/30/08 - 12/07/08 (1)
- 11/16/08 - 11/23/08 (2)
- 08/10/08 - 08/17/08 (1)
- 08/03/08 - 08/10/08 (1)
- 07/13/08 - 07/20/08 (1)
- 06/29/08 - 07/06/08 (1)
- 06/22/08 - 06/29/08 (1)
- 05/25/08 - 06/01/08 (1)
- 05/04/08 - 05/11/08 (1)
- 04/27/08 - 05/04/08 (1)
- 04/13/08 - 04/20/08 (1)
- 03/23/08 - 03/30/08 (1)
- 03/09/08 - 03/16/08 (1)
- 03/02/08 - 03/09/08 (1)
- 02/10/08 - 02/17/08 (1)
- 01/27/08 - 02/03/08 (1)
- 12/02/07 - 12/09/07 (1)
- 10/28/07 - 11/04/07 (1)
- 10/07/07 - 10/14/07 (2)
- 09/30/07 - 10/07/07 (1)
- 09/23/07 - 09/30/07 (1)
- 07/15/07 - 07/22/07 (1)
- 06/10/07 - 06/17/07 (1)
- 06/03/07 - 06/10/07 (1)
- 05/27/07 - 06/03/07 (1)
- 05/20/07 - 05/27/07 (1)
- 04/22/07 - 04/29/07 (1)
- 04/08/07 - 04/15/07 (2)
- 03/25/07 - 04/01/07 (1)
- 03/11/07 - 03/18/07 (2)
- 03/04/07 - 03/11/07 (3)
- 02/25/07 - 03/04/07 (2)
- 01/21/07 - 01/28/07 (1)
- 10/15/06 - 10/22/06 (1)
- 10/01/06 - 10/08/06 (1)
- 09/17/06 - 09/24/06 (1)
- 09/03/06 - 09/10/06 (2)
- 08/20/06 - 08/27/06 (1)
- 08/13/06 - 08/20/06 (1)
- 08/06/06 - 08/13/06 (1)
- 07/30/06 - 08/06/06 (1)
- 07/16/06 - 07/23/06 (1)
- 07/09/06 - 07/16/06 (1)
- 06/25/06 - 07/02/06 (1)
- 06/11/06 - 06/18/06 (1)
- 05/21/06 - 05/28/06 (1)
- 04/30/06 - 05/07/06 (2)
- 04/23/06 - 04/30/06 (1)