1^st December 2009

Bond Futures

Overview

In the light of the negative news out of Dubai and continuing sentiment the Bund has rallied significantly over the last five days. On Friday when the panic surrounding Dubai peaked, the bund hit highs of 124.06, a price not seen since April 2^nd. The US Ten Year mimicked the action of the Bund; highs of 121.215 represented a price not seen since mid May. (more...)