BLOOMBERG Bloomberg Markets Asia December 28, 2017
Street, pretty lackluster. The bond market is where the action is. Us the flattening of the yield curve taking place. There is almost this final push for this to happen. Yield on to an tenure treasuries just 50. 6 basis points, closing to this decade low which is reached on december 6. A small part of this really coming from markets shifting to a new benchmark, one of the biggest single session shifts. The final flattening push, it appears to be Money Managers that essentially want windowdressing to tighten up their portfolios before the year finishes. That is the bond market. A look at what i...