12-11-2013
Markets, What Is Going to Trigger a Major Correction
| "Dovish" speakers are expected to talk QE tapering projections down today but rates do not seem to agree. 10 years yields are back at around 2.8% level, very close to the 3% limit that is considered a major trigger for bears to take control. Dollar is being weakened around 1.34 but expect next move down to 1.32 in the next few sessions. |