this mourning I posted what you can expect from a downgrade of a country's credit rating. durring the trading day we saw prices rise on tresuries while yields fell. This is the opposite of what I said was going to happen. Over all, was I wrong? Time will tell.
What I think happend and is going to happen is that prices rose while yields fell because of an overall rise in volume. Once volume dries up, I expect yeilds to rise. I cant say how high they will go, but I deffinately think that yields will rise.
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