(Reuters) - The market posted a mild recovery following Thursday's
plunge but analysts and traders said a cross-section of players
including fund managers, central banks and mortgage companies
continued to liquidate long positions and rebalance their
books.
"For now, the sell-off has abated. People are taking a shot
at long," said Michael Pond, Treasury strategist at
Barclays Capital in New York.
Read more at Reuters.com Bonds News
plunge but analysts and traders said a cross-section of players
including fund managers, central banks and mortgage companies
continued to liquidate long positions and rebalance their
books.
"For now, the sell-off has abated. People are taking a shot
at long," said Michael Pond, Treasury strategist at
Barclays Capital in New York.
Read more at Reuters.com Bonds News
No comments:
Post a Comment