Odds Low For Fed To Announce 'Operation Twist'

Posted by BorsaStreet.com on Monday, September 19, 2011
"The odds of the Fed announcing something in the form of Operation Twist are relatively low, partly because it's unclear how much help it will be," said Nella Gollapudi, fixed-income strategist at Citi. "There may be some disappointment in the market." This means there could be a quick selloff in longer-dated Treasurys to reverse some of the rally of the past few weeks as "Twist" expectations grew. The 30-year bond is leading Monday's rally, up 3 8/32 in price to drag yields down 16bps to 3.181% -- a new 2011 low.

0 comments:

Post a Comment

Elliottwave

(Video) Bob Prechter Explains 'Triple Top' Forming in U.S. Stock Market

This excerpt from the special video issue of the August Elliott Wave Theorist brings you Bob Prechter’s analysis of the triple top that has been forming in the U.S. stock market over the past 12 years. Watch as Bob himself explains what this pattern means for you and the markets.

You can get even more analysis – including an 84-year study of stock values – that will help you gain perspective about the recent market moves with Elliott Wave International’s FREE report, “Reality Check: Studying the Past to Bring Clarity to the Future.”

You’ll get a glimpse into the in-depth analysis Robert Prechter presents each month in his Elliott Wave Theorist with 3 excerpts from his most recent issues.

Don’t let extreme market volatility leave you confused and scared. Prepare yourself for today’s critical market juncture with your FREE report from Robert Prechter.

Read Bob Prechter's FREE report "Reality Check: Studying the Past to Bring Clarity to the Future."