hello all…
Treasuries Gain After New Home Sales Decline to a 12-Year Low… the dollars when down againest the EUR and other counterparts…
can anyone explain to me what’s the relationship between t-bond and the dollars?
also… why the dow fall after dollars gain?
Treasurys like bad news because it implies a higher chance of rate cuts in the future. Lower interest rates, of course, are not good for the USD. And of course a weakening economy isn’t good for the stock market.
Those are all general relationships, of course.
rhodytrader:
Treasurys like bad news because it implies a higher chance of rate cuts in the future. Lower interest rates, of course, are not good for the USD. And of course a weakening economy isn’t good for the stock market.
Those are all general relationships, of course.
try treasuries like rate cut? because there will be more money out on the market?
No. Lower interest rates means higher Treasury prices.
true, major correction ahead