The financial markets seem to be stabilizing. The good news is also the downtrend of volatility. It is usually a good sign.
Commodities are firm and gold is up.
Yields on Italian bonds moved higher to 7.147% this morning. European markets are firm. Did they give up on Italy?
German bond yields are also moving higher. I find this interesting. Does it mean that more stable conditions will bring higher yields? Can we make money out of it?
Or, is this due to seasonality? Did you know that the seasonality of bond yields is up from December to May? In other words, it is very unlikely yields decline during such times. I found this out when many many years ago I was managing a portfolio of $4 billion of interest rates derivatives.
Interesting trends. Markets are really exciting!
More details in my The Peter Dag Portfolio , in Dag's Exclusive Market Alert, and my free educational videos on http://www.peterdag.com/.
George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
2009 Market Timer of the Year by Timer Digest
To find out more about my in depth views of the markets and my strategy just visit our website https://www.peterdag.com/ where you can subscribe to The Peter Dag Portfolio. You can also call me at 1-800-833-2782 to discuss your specific investment portfolio.
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