Shades of 2007?

Nice graphic in today’s FT showing the spike in vol and sell-off in risk (Greek bond yields jumped from 5.5% to 9% in the past few days).

I still think this is mostly noise, a normal, and overdue, correction. But, stay tuned….

• 26 Jun, 2015

  More on Rates...

  A few days ago (Beginning's End) I suggested 2015 might turn out to be the worst year for bond investors in the past ...

• 22 Nov, 2016

  Shock (Part 1)

  Shock, a sudden drop in blood flow, is a serious medical condition. Untreated, it can quickly be fatal. There are ...

• 18 Jul, 2025

  Beach Reading

  Most of you know that Beach Reading is not a list of "summertime" romances or light novels, but rather my usual mix of ...