mercredi, juin 27, 2007

BONDS

After some very difficult weeks on the bond markets, we see some (early) signals that the worst could be over.
The Bund has tested the 4.70% resistance level in recent days and has now turing down.
MACD and slow Stochastic are showing sell signals, which could indicate that the correction is not over.
We could find around 4.50% the first support level, but if we break below (for now I don't think so) , bond investments could start making some money in the coming months.

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